Two financial services veterans in the Commercial Banking Division of Bank Rhode Island (BankRI) have received promotions. Scott Lajoie has been named Senior Vice President, and Joann Khamvongsa has been promoted to Assistant Vice President, Portfolio Manager.

A longtime commercial banking professional, Lajoie has been with BankRI since 2008 when he joined the company as vice president, following more than a decade with Washington Trust Company. Throughout his career, Lajoie has demonstrated a deep commitment to client relationships and to each customer’s individual business needs while successfully managing an extensive portfolio and growing the Bank’s commercial business.

Lajoie and his family live in Warwick. He studied accounting at the Community College of Rhode Island and is active in the local community, serving as vice chair of the Rhode Island Infrastructure Bank and as a member of the Warwick Municipal Retirement Board and the Junior Achievement of Rhode Island Board of Directors. Previously, he was president of the Warwick Soccer Association.

Khamvongsa joined BankRI nearly eight years ago and has held a variety of positions, including Senior Credit Analyst and most recently, Portfolio Manager. In her role as AVP, Khamvongsa is responsible for overseeing all portfolio management functions of BankRI’s Franchise Financing Division within commercial banking. She began her banking career through Year Up Rhode Island and its intensive corporate internship program, later joining Citizens Bank and completing their commercial credit training program. Joann lives in Providence with her family.

“Both Scott and Joann are integral to our commercial banking team and have contributed directly not only to the growth the division, but also to the success of our business clients who rely on them for their expertise,” said William C. Tsonos, EVP, Director of Commercial Banking, BankRI. “But even more than their financial experience, it is their commitment to personalized service that truly sets them apart.”