Malvern Bancorp has announced the hiring of three banking industry veterans to fill a trio of executive positions. Philadelphia Business Journal has the details on the hires, which were unveiled by CEO Anthony C. Weagley.

Joseph Gangemi joined Malvern Bancorp in September and has now been named as Senior Vice President and Chief Financial Officer. Gangemi was previously CEO for Center Bancorp in Union, NJ.

Missy Orlando has been tabbed as Senior Vice President and Chief Operating Officer. She joined Malvern in a consulting role in January and was previously Chief Marketing Officer and Special Executive to the President at Sovereign Bank, which is now Santander Bank.

Finally, Jay Power was named Senior Vice President and Chief Lending Officer. Power joined Malvern in August and has served as Vice President and Chief Commercial Lending Officer. He previously held senior lending roles at several area banks.

Regulatory issues had previously delayed the announcements. Each of the hires had to be approved by The Office of the Comptroller of the Currency due to Malvern still operating under a regulatory enforcement order.

Previous CEO Ron Anderson resigned in January 2014 as the company was receiving pressure from activist investor PL Capital to sell. The bank posted losses of $19.5 million in 2013.

Weagley succeeded him and has made some progress during his tenure. Philadelphia Business Journal shared the details of a note to investors from Keefe Bruyette & Woods’ analyst Travis Lan.

The bank has seen their total assets increase from $578 million to $630 million under Weagley’s watch, who has made a point of enhancing their securities investment portfolio while reducing the company’s expenses.

The bank will focus on growing its loan portfolio and hiring lenders Lan said. Philadelphia Business Journal shared some additional quotes from Lan, including “Malvern has already differentiated itself on the lending side by listening to and understanding the needs of various borrowers, and being flexible to fit those needs. We believe this approach is different from the more ‘product-based’ approach of other lenders.”

You can read more about Malvern Bancorp and their new hires here.