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David J. D'AmicoDavid J. D’Amico, CFA, CFP®CAMBRIDGE, MA – June 18, 2024– Cambridge Bancorp (NASDAQ: CATC), parent of Cambridge Trust Company, today announced that David J. D’Amico, CFA, CFP® has joined Cambridge Trust’s Wealth Management Team.  Based in Boston, D’Amico will work with the investment team as a Senior Portfolio Manager and to expand wealth management services in Massachusetts, reporting directly to Jeffrey Smith, Executive Vice President, Head of Wealth Management.

“We’re excited to welcome Dave to Cambridge Trust’s Wealth Management team” said Jeffrey Smith, CFP®. “We are confident Dave will be a significant contributor to the growth of the Cambridge Trust brand as we move forward post-merger as Cambridge Trust Wealth Management, a Division of Eastern Bank.”

“We are delighted to welcome Dave, an experienced wealth management and business development professional, to the Cambridge Trust team in support of our clients and Centers of Influence (COIs),” said Denis K. Sheahan, Chairman, President and CEO.

D’Amico joins Cambridge Trust with over 30 years of wealth management experience, having most recently served as Executive Vice President, President of Massachusetts Region at Wilmington Trust, responsible for all administrative and business development functions for personal trust, investment management and private banking.

Prior to his work with Wilmington Trust, D’Amico held senior positions at Argent Wealth Management, COO & Portfolio Manager, Braver Wealth Management & Braver Capital Management, President & Chief Market Strategist, along with Lee Munder Capital Group and Babson Capital Management.

Dave earned his B.S. in Accounting and Finance from Bentley University and his M.D. in Finance from Boston College Carroll School of Management.  He holds both the Certified Financial Analysts (CFA) and Certified Financial Planner (CFP®) designations.

“I am excited to join Cambridge Trust Wealth Management as it joins forces with Eastern Bank to continue the company’s legacy of offering exceptional personalized service and customized solutions to clients and centers of influence to help meet the needs of the community constituents,” said D’Amico.

About Cambridge Bancorp

Cambridge Bancorp, the parent company of Cambridge Trust Company, is based in Cambridge, Massachusetts. The 133-year-old Massachusetts chartered commercial bank has approximately $5.37 billion in assets at March 31, 2024, and a total of 22 Massachusetts and New Hampshire locations. Cambridge Trust is one of New England’s leaders in private banking and wealth management with $4.8 billion in client assets under management and administration at March 31, 2024. The Wealth Management group maintains offices in Boston, Massachusetts, Concord, Manchester, and Portsmouth, New Hampshire, and Southport, Connecticut.