Braintree Resident Rejoins Eastern Bank As A Senior Vice President

BRAINTREE, MA - Eastern Bank announced on Thursday that Braintree resident Brian Welch has rejoined the organization as a senior vice president in the bank's commercial real estate division.

Welch’s career spans roles in commercial real estate lending with a range of clients including public real estate investment trusts (known as REITs), private equity funds and large middle market developers. Earlier in his career, he served in various roles including as a credit analyst and relationship manager with Eastern’s commercial real estate group.

“I am excited to return to Eastern in support of its new initiative in establishing relationships with funds and REITs,” said Welch.

“We are thrilled to welcome Brian back to Eastern,” said Matthew Osborne, the executive vice president and senior commercial banking officer at Eastern Bank. “He is experienced in advising a range of real estate-related funds and REITs on a variety of credit and non-credit products and services, and we look forward to how his experience will round out our offering to the commercial real estate sector.”

Prior to joining Eastern, Welch worked at HSBC Bank in the same role in Boston, where he led a team responsible for the origination and management of a complex, billion-dollar portfolio of institutional commercial real estate clients.

He previously was a senior vice president at TD Bank, where he managed a multibillion-dollar portfolio of primarily institutional commercial real estate clients with a specific focus towards public REITS and private equity funds.

Welch also serves as a board member and the real estate committee chair for the Dorchester Bay Economic Development Corporation.

Founded in 1818, Boston-based Eastern Bank has more than 120 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. As of March 31, Eastern Bank had approximately $23 billion in total assets.

Eastern provides banking, investment and insurance products and services for consumers and businesses of all sizes, including through its Eastern Wealth Management division and its Eastern Insurance Group LLC subsidiary.

Eastern takes pride in its outspoken advocacy and community support that includes $240 million in charitable giving since 1994. An inclusive company, Eastern employs approximately 2,100 deeply committed professionals who value relationships with their customers, colleagues and communities. For more information, please visit Eastern Bank's website.