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WAYNE, N.J. - Friday, February 21, 2014 - Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NYSE:VLY), announced today the promotion of Doug Oliver to First Senior Vice President – Director of Property Management.

Mr. Oliver joined Valley in 2006 and brings more than 34 years of experience to his position. In his current role, he is responsible for overseeing the Bank’s construction activities, facilities services, real estate management, asset disposition, mail services and physical security.

"Doug plays an essential role in managing our real estate projects and network of facilities," remarked Executive Vice President Robert Mulligan. "He brings a wealth of experience and unparalleled commitment to his position. We are proud to recognize his contributions with this promotion."

Mr. Oliver received a Bachelor’s Degree from Rutgers University and an MBA in Management from Fairleigh Dickinson University. He can be reached at 973-872-5510 or by email at doliver@valleynationalbank.com.

Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with $16 billion in assets. Its principal subsidiary, Valley National Bank, currently operates 204 branches in 144 communities serving 16 counties throughout northern and central New Jersey, Manhattan, Brooklyn, Queens and Long Island. Valley National Bank is one of the largest commercial banks headquartered in New Jersey and is committed to providing the most convenient service, the latest in product innovations and an experienced and knowledgeable staff with a high priority on friendly customer service 24 hours a day, 7 days a week. For more information about Valley National Bank and its products and services, please visit www.valleynationalbank.com or call Customer Service, 24/7 at 800-522-4100.