To our readers,

The COVID-19 pandemic is a once-in-a-century type story, ... Click here to continue

Camden National Bank names senior vice president

Apr 26, 2021
Barbara Raths is the new senior vice president, director of Treasury Management and Government Banking at Camden National Bank.

Camden — Camden National Bank recently promoted Barbara Raths to senior vice president, director of Treasury Management and Government Banking. With over 17 years of cross-sector experience in financial and payment services, Raths is an expert in complex treasury operations, debt and cash management, corporate finance, public finance, and international payment risk management. For the past two years, she served as SVP, senior treasury management sales advisor and international treasury specialist at Camden National Bank, working closely with Susan Giffard who recently announced her retirement from director of Treasury Management and Government Banking.

In her new role, Raths leads corporate, nonprofit and government treasury management business development efforts and delivers treasury management solutions to clients. The Treasury Management team builds relationships with clients operating in a complex payment environment by advising clients on cash management, deposits, payments, liquidity, fraud prevention, foreign exchange (FX) and trade finance.

Prior to joining Camden National Bank, Raths served as SVP, Government Banking at People’s United Bank where she managed and grew a portfolio of government clients in Maine and New Hampshire and was responsible for deposits, collateral and loans, and coordinated treasury, credit card, merchant, escrow and wealth management services. Raths also has middle-market corporate treasury experience. From 2013-2016, she worked as the team lead for Treasury at WEX Inc. At WEX, Raths led a treasury team in a global payment environment, executed a balance sheet FX hedging program in response to market volatility, helped to manage a multi-currency credit facility, and oversaw debt covenant compliance.

Prior to working at WEX Inc., Raths served as the deputy treasurer for the State of Maine for eight years, where she oversaw cash and debt management. She also represented the state treasurer on authority and retirement system boards and received the 2007 Maine State Manager of the Year Award for outstanding leadership in public finance.

Raths received a Master of Business Administration from the University of Southern Maine and has a Bachelor of Arts with Highest Honors from Bates College. Active in the local community, she currently serves as chair of the Board of the Maine Health and Higher Educational Facilities Authority, and she previously served on the Board of Trustees of Bates College and the Board of Trustees of Breakwater School.

If you appreciated reading this news story and want to support local journalism, consider subscribing today.
Call (207) 594-4401 or join online at knox.villagesoup.com/join.
Donate directly to keeping quality journalism alive at knox.villagesoup.com/donate.
Comments (0)
If you wish to comment, please login.
Note: If you signed up using our new subscriber portal, your username is the email address you registered with and your password is in all caps