Malvern Bank Honored Again for Having 20 Percent or More Board Seats Held by Women


Malvern Bank, National Association has been named a Winning “W” Company by 2020 Women on Boards for achieving at least 20 percent women on its corporate board before the year 2020.

This is the third consecutive year that Malvern Bank has been named a Winning “W” Company.

Winning “W” Companies are cited in the 2020 Women on Boards annual Gender Diversity Index, which tracks the numbers of corporate board seats held by women among the Russell 3000 Index.

In 2019, 52 percent of Russell 3000 companies were Winning “W” companies, up from 43 percent in 2018.

Malvern Bank’s eight-member board includes Cynthia Felzer Leitzell and Julia D. Corelli. Leitzell is a Partner and President of Leitzell & Economidis, a full-service Certified Public Accountant firm in Media. She has served as Chairman of the Board of the Chester Water Authority since 2012 and also served two four-year elected terms as Delaware County Controller.

Corelli is a partner with Pepper Hamilton’s Corporate and Securities Practice Group and co-chairs its Private Fund Services Group. She has served the firm as Vice Chair of its Executive Committee and is currently Co-Chair of its Commercial Department.

“Malvern Bancorp has a strong commitment to diversity and inclusion, which starts at the top,” said Anthony C. Weagley, Malvern Bank’s President and CEO. “We value Cynthia’s and Julia’s leadership and contributions to our board and the communities we serve.”

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