SYRACUSE — M&T Bank has appointed Scott A. Shatraw, president and CEO of Utica First Insurance Company, to its Directors Advisory Council for the central New York region. The 11-member council meets regularly throughout the year to provide M&T management with insight on a wide range of business, client and community matters.
Utica First is a multi-state property and casualty insurance company founded by Utica-area business leaders in 1903. Shatraw has been with the company since 1990, holding roles in treasury, financial reporting, strategic planning, operations and control.
Shatraw, a certified public accountant and chartered property casualty underwriter, began his career at Price Waterhouse prior to the merger that created PricewaterhouseCoopers. He joined Utica First Insurance Company as controller/assistant treasurer in 1990. Shatraw then held roles at Utica First as assistant vice president of systems and internal planning and vice president of finance before moving into executive positions, including CFO. In January 2018, he became president and CEO of Utica First.
Shatraw earned a bachelor of science in accounting degree from LeMoyne College. He is a board member of Rescue Mission of Utica, the Central New York Health Home Network and the American Property Casualty Insurance Association. Shatraw previously served as board president for the Stanley Theater, a historic 2,900-seat theater in Utica. He lives in Clinton.
Shatraw joins 10 members of M&T Bank’s Directors Advisory Council of the Central New York region, including: Andy Breuer, Hueber-Breuer Construction Co.; Carl Byrne, Byrne Diary, Inc.; Mara Charlamb, United Radio; James A. Fox, O’Brien & Gere; Karyn Korteling, Pastabilities; Robert H. Linn, formerly with Ernst & Young; Robert (Luke) Lewis, Lewis Custom Homes, Inc.; Joseph Mancuso, Hancock & Estabrook, LLP; Meg Tidd, VIP Structures and Melissa Zell, The Pioneer Companies.
In central New York, M&T Bank operates 45 offices with more than 400 employees across eight counties, including Cayuga, Herkimer, Jefferson, Madison, Oneida, Onondaga, Oswego and Seneca Counties.