President and Chief Executive Officer
Year Joined: 2013
As President and CEO, Mark drives the Bank’s vision, strategy and growth as it delivers on its primary mission of economic development of the Asian communities in which it conducts business. Under his leadership, FAIB continues to grow and provide exceptional relevant services to the community.
Mark has over 25 years of expertise in business, finance and law, and an extensive knowledge of all areas of community banking. He has held various positions with Carver Federal Savings Bank and its parent holding company, which culminated in his role as Executive Vice President, Chief Financial Officer and Chief Administrative Officer of both entities. Previously, Mr. Ricca worked with New York Community Bancorp, Inc. where he served as Executive Vice President, General Counsel and Assistant to the Chief Operating Officer, and Haven Bancorp, Inc. where he served as Chief Lending Officer, Corporate Secretary, and prior to that, Legal Counsel.
Upon earning his Juris Doctorate, Mark joined the law firm Ricca & Donnelly as Managing Partner, where he focused on banking, corporate and real estate law. Prior to attending law school he held various roles at GE, including Loan Officer at GE Capital Corporation, District Manager of the Medical Systems Business Group, and Corporate Auditor on the GE Corporate Audit Staff.
Mark has held numerous professor and lecturer positions and is a Professor of Bank Simulation Modeling and former Advisory Board Member of the ABA Stonier Graduate School of Banking, which partners with the Wharton School at the University of Pennsylvania to deliver outstanding leadership courses to students, and is a Professor of Ethics at the American Banker’s Association Graduate Commercial Lending School.
Mark graduated from the University of Notre Dame with a Bachelor of Arts in Economics, and has a Juris Doctorate from St. John’s University School of Law, and a Master of Law from New University. He is an attorney admitted to practice law in the State of New York.
He is active in the Chinatown community, including being a Board member of the Chinatown YMCA, President and Director of the NY Chinese American Bankers Association, a Rotarian of the Chinatown Rotary Club, and a guest speaker at various community events.
Mark plays golf and ran in the 2008 New York City Marathon.