Muraida promoted to senior vice president, director of commercial real estate banking at Rockland Trust

Boston, MA Rockland Trust has promoted Richard Muraida to senior vice president, director of commercial real estate banking. In this newly created role, Muraida will be responsible for overseeing the bank’s institutional non-owner-occupied investment real estate activities while continuing to manage Rockland Trust’s low income housing tax credit (LIHTC) business.

“I’m proud to share that Rick has been promoted to director of CRE. With his deep expertise in low-income housing tax credits and a true passion for affordable housing, he has earned the respect of his colleagues, customers, and the Greater Boston community,” said Jim Rizzo, chief commercial banking officer. “In this newly created role, Rick will bring the same leadership, knowledge, care, and commitment to a broader range of commercial real estate opportunities, helping us continue to make a meaningful difference for our customers and the communities we serve.”

Muraida joined Rockland Trust in 2013 as a commercial banker, and since that time, his leadership and expertise with the Boston area teams have played a pivotal role in the successful development of the Greater Boston market. For the past seven years he served as a senior vice president, and regional executive for the Boston commercial banking team and LIHTC.

Muraida serves on the board of the Metro Housing Boston and is the vice chairman of the board for the Community Economic Development Assistance Corp. in Boston and is a board member of the Downtown Boston Alliance and the Boston Municipal Research Bureau. In addition, a member of the board of advisors for the Boston Symphony Orchestra.