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New York Community Bancorp aligns its board

Christian Fernsby |
Westbury, N.Y., USA - New York Community Bancorp announced Michael J. Levine has been appointed non-executive chairman of the boards of directors of the company and New York Community Bank.

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Michael J. Levine has been a director since 2004 and has served as the Company's Independent Presiding Director since 2014.

In addition, Mr. Levine has served on several Committees, including as Chairman of the Nominating and Corporate Governance and Risk Assessment Committees.

Mr. Levine is both the President of Norse Realty Group, Inc. and Affiliates and a certified public accountant and retired partner with the firm Levine & Schmutter CPA, LLP.

The Board's current Non-Executive Chairman, Dominick Ciampa, will remain as a director of both the Company and Bank boards.

Mr. Ciampa has served as Non-Executive Chairman since December 2010 and has served as a director of both the Company and the Bank since 1995.

Mr. Ciampa is the founder of, and a former Partner in, the Ciampa Organization, a Queens-based real estate development and management firm founded in 1975, which continues to be operated by other family members.

Hanif "Wally" Dahya has been named as the Company's new Independent Presiding Director.

Mr. Dahya has served as a director of both the Company and the Bank since 2007 and currently serves on several committees including the Audit, Nominating and Corporate Governance, and the Risk Assessment Committees.

He also chairs the Bank's Commercial Credit Committee.

Mr. Dahya is the Chief Executive Officer of The Y Company LLC, a private investment firm which focuses on emerging-market companies in the information, communications, financial, and environmental services industries.