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2017-01-27 / Top 100 People

Michael J. Bibak

President and CEO

CBT Bank

Michael J. Bibak is the president and CEO of CBT Bank, a position he has held since 2015.

Prior to working in executive management, Bibak worked in commercial lending in numerous banks throughout N.Y., N.J., and Mass. He spent 10 years in Scranton after graduating from the University of Scranton moving up through the ranks of branch management in credit underwriting into commercial lending.

Throughout his career, he has learned the true importance of listening.

“As I’ve gotten older, the realization that we can always learn something from someone has made me listen more and talk less,” Bibak said. “The art of listening, I believe, leads to better understanding people. This has improved my abilities as a leader. It has also strengthened my resolve to be more of a servant to the people I lead instead of just a boss.”

Bibak’s 29-year banking career has led him “to appreciate what the people and communities of Central Pennsylvania have to offer.” In his spare time he has been involved with numerous nonprofit organizations including Habitat for Humanity and The United Way. He also has been involved with the Pennsylvania Bankers Association, along with other industry groups.

He lives with his wife, Erica, and their dog, Toby.

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