Sushil K. Tuli has been one of the leading figures in lending and banking in Massachusetts for nearly thirty years. Mr. Tuli founded Leader Bank in May of 2002, opening a single branch in East Arlington with seven employees and $6.5 million in assets. Mr. Tuli has guided Leader Bank to become one of the top community banks in the county, with well over 250 employees across seven full service branches and three loan production centers, and over $1 billion in assets. During his time as President, Chairman and CEO, Mr. Tuli has grown all facets of Leader Bank’s business, with a particular focus on retail banking, residential mortgages and both commercial and small business lending.
Mr. Tuli and Leader Bank have been repeatedly honored for their success over the last decade. Under Mr. Tuli’s leadership, Leader Bank has received both a 5-Star Superior Rating from Bauer Financial in every quarter since 2010 and an “A” or “Excellent” rating from Weiss Ratings. In 2013, Banker & Tradesman named Mr. Tuli as a Community Bank Hero, and in 2015, the Boston Business Journal name Mr. Tuli as a Leader in Diversity. Mr. Tuli also recently received a Lifetime Achievement Award from TiE-Boston for his work mentoring and supporting entrepreneurs and small businesses.
Mr. Tuli’s leadership extends beyond his work with Leader Bank, having served in 1999 as the Chairman of the Massachusetts Mortgage Bankers Association, the largest mortgage banking industry association in New England. Mr. Tuli is currently serving as a member of the Federal Reserve Bank of Boston’s Community Depository Institution Advisory Council, and has been appointed by Massachusetts Governor Charles Baker to the Board of Directors of the Massachusetts Housing Finance Agency, in addition to Massachusetts Growth Capital Corporation. Mr. Tuli also recently served on the Massachusetts Home Ownership Advisory Committee and Fannie Mae’s Affordable Housing Advisory Council. Mr. Tuli is regularly interviewed and quoted regarding his experience in and knowledge of lending and banking in Massachusetts and nationwide, and has been the subject of personal profiles in publications such as the Boston Globe and Banker & Tradesman.
Mr. Tuli received his master’s of public administration in 1975 from Punjab University in India and graduated from the Harvard Business School’s Owner, President and Management Program in 2010.