Mary Ann Scully, the chairman and CEO of Howard Bank, was honored Thursday as Industrialist of the Year by Baltimore Museum of Industry.
The William Donald Schaefer Industrialist of the Year Award recognizes business leaders with innovative approaches to industry and dedication to their communities.
“Mary Ann exemplifies the spirit in which the award was established,” the museum said in announcing the award luncheon on its website.
After a career with First National Bank of Maryland, later Allfirst Financial Inc., Scully launched Howard Bank in 2003 with colleagues and investors. She guided the bank, based in Ellicott City until earlier this year, through the recession and then championed its growth, both organically and through acquisitions, amid the recovery.
Howard Bank completed the $174 million acquisition of First Mariner Bank on March 1, establishing it firmly as the largest locally based banking institution. It relocated its headquarters to Baltimore and nearly doubled its assets to $2.1 billion as on March 31.
The bank now has 21 branches spread throughout greater Baltimore.
Past Industrialist of the Year honorees include Calvin G. Butler Jr., the CEO of Baltimore Gas and Electric Co.; Henry A. Rosenberg, Jr., co-chairman of Rosemore Inc.; Mark Montgomery, who was recently named president and CEO of Ports America Group; former U.S. Rep. Helen Delich Bentley; and Kevin Plank, founder and CEO of Under Armour.