Paul Ryan impressed by Dieterich’s CFO award

The Business Review by Barbara Pinckney, Reporter

Date: Monday, August 13, 2012

Ten days before Rep. Paul Ryan was named Mitt Romney‘s running mate, he met with Scotia banker and Congressional candidate Bob Dieterich.

Dieterich, chief financial officer of First National Bank of Scotia, is running againstPaul Tonko (D-Amsterdam) to represent the 20th Congressional District, which covers Albany and Schenectady counties as well as parts of Montgomery, Saratoga and Rensselaer counties.

At the Aug. 1 meeting, Ryan (R-Wisconsin), chair of the House Budget Committee, and Dieterich discussed “the nation’s financial woes and bipartisan solutions,” according to Dieterich’s tweet about the visit.

But John Buhrmaster, CEO of First National, said they also touched on another topic—the 43-year-old Dieterich’s 2011 CFO of the Year award from The Business Review.

“He was very impressed,” Buhrmaster said of Ryan. “He said ‘good, we need CFOs.’’ ”

Dieterich, who received his award at a Business Review luncheon in October, was named the top CFO for a small or mid-sized private company. The bank has about $400 million in assets and about 150 employees.

Dieterich, who lives in Glenville, has worked there for 18 years.

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