Ledyard Financial Group, Inc. announced that Peter Sprudzs, FRM, has joined the Company as SVP, Chief Financial Officer. Mr. Sprudzs succeeds Greg Steverson, who will be retiring from Ledyard in December after 20 years with the Company. This press release features multimedia.

Mr. Sprudzs brings many years of experience in finance, treasury, and risk management for public and private companies both large and small. Most recently he was the Chief Finance and Risk Officer for BMG Money. He also served as the Senior Vice President, Treasury and Finance for Credit One Bank, the Senior Vice President, Finance for Flagstar Bank, and as the Director of Finance for the Federal Home Loan Mortgage Corporation (Freddie Mac).

Mr. Sprudzs holds an MBA from the University of Chicago Booth School of Business, an MBA from the Université Catholique de Louvain in Belgium, and a BA in Statistics from the University of Chicago. He has also earned Financial Risk Manager certification from the Global Association of Risk Professionals. Ledyard Financial Group, Inc., headquartered in Hanover, New Hampshire, is the holding company for Ledyard National Bank.

Ledyard National Bank, founded in 1991, is a full-service community bank offering a broad range of banking, investment and wealth management services.