Coscia named chairman of Sun National Bank, holding company

Mount Laurel-based Sun Bancorp Inc. has elected prominent New Jersey attorney and Amtrak Chairman Anthony Coscia the independent chairman of the holding company and its subsidiary Sun National Bank.The bank said Tuesday in a news release that Coscia, a partner with Windels Marx Lane & Mittendorf LLP, has been a director of the holding company since 2010 and the bank since 2011.

“We are proud to have Tony Coscia ascend to the chairmanship of the company and bank,” CEO and President Thomas M. O’Brien said in a prepared statement. “Tony is well-respected and experienced in matters of corporate governance, finance and economic development. All of our stakeholders are well-served by this appointment, and we are fortunate that Tony has agreed to undertake this new responsibility.”

Coscia is replacing Chairman Sidney R. Brown, who is stepping down as chairman effective Dec. 31, but remaining a director of both the company and the bank.

“I am pleased and honored to assume the board chairman’s role at the company and bank,” Coscia said in a statement. “We have a very strong and committed board and management, and I accept my selection as chairman with deep gratitude. The story at Sun Bancorp is exciting and holds much promise. I will enjoy working with the company’s leadership and shareholders in this new capacity.”

Sun Bancorp is a $2.2 billion asset bank holding company, whose Sun National Bank serves customers throughout New Jersey and in metro New York.

Coscia was recently named to the NJBIZ Power 75 Real Estate list.