Business & Tech

Barrington Native Fills Top Webster Post

Xay Khamsyvoravong is the new vice president for government and institutional banking for Webster Bank in Providence.

A Barrington native has been named a vice president for government and institutional banking for Webster Bank.

Xay Khamsyvoravong has joined Webster's regional headquarters in Providence. He comes back to Rhode Island from Manhattan, where he worked for Morgan Stanley’s public finance investment banking group. 

Prior to that post, he served as deputy chief of staff to Rhode Island General Treasurer Frank T. Caprio for the majority of the treasurer’s tenure.

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"Xay’s professional background in banking and public policy, as well as his experience serving as a senior advisor in government through a time of unprecedented market turmoil make him an exciting addition to Webster’s already strong team," said Jay Ryan, senior vice president and director, government and institutional banking at Webster Bank.  "Our government and institutional customers are seeking solutions to help them navigate these challenging financial times, and plan for their future needs.  Having Xay on board demonstrates Webster's commitment to serving our government and institutional banking clients."

Webster's Government and Institutional Banking group provides financial advisory services, depository products, cash management and direct lending services to public entities and not-for-profit customers with revenues greater than $10 million across Webster's four-state footprint.

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Xay earned his bachelor’s degree in international relations from Brown University and his master’s degree from Brown University’s Taubman Center for Public Policy.  He is a past recipient of undergraduate fellowships from Yale Law School’s Arthur Liman Public Interest Fund and Harvard Law School’s Bernard Koteen Office of Public Interest Advising.

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