Penko K. Ivanov serves as Senior Executive Vice President (SEVP), Chief Financial Officer (CFO), Treasurer, and Chief Accounting Officer (CAO) at Arrow Financial Corporation, a Glens Falls, New York-based bank holding company with over $10 billion in assets. With more than 25 years of experience in finance and accounting, Ivanov has been a pivotal leader in driving the company's financial health and strategic growth. He joined Arrow in 2005 following a successful tenure at KPMG LLP, where he specialized in auditing financial institutions, gaining deep expertise in regulatory compliance, risk management, and financial reporting. Rising through the ranks at Arrow, Ivanov held key positions such as Controller and Senior Vice President of Finance before assuming his current roles in 2018. His notable achievements include spearheading the integration of advanced digital banking technologies, optimizing treasury operations to enhance liquidity during economic downturns like the 2008 financial crisis and the COVID-19 pandemic, and supporting mergers and acquisitions that expanded Arrow's footprint in the Northeast. A Certified Public Accountant (CPA), Ivanov earned a Bachelor of Science in Accounting from the State University of New York at Plattsburgh, and his strategic oversight has contributed to consistent dividend growth and strong shareholder returns. In his multifaceted role, Ivanov oversees all financial planning, budgeting, investor relations, treasury functions, and accounting operations, ensuring robust internal controls and adherence to GAAP and SEC regulations. His forward-thinking approach has positioned Arrow Financial Corp for innovation in community banking, sustainable profitability, and resilience in a dynamic regulatory environment.