Chicago-based FWBank, which will do business as First Women's Bank, named Tod Gordon CFO and Maria Tabrizi chief risk officer.

Gordon was most recently senior vice president of deposit products and senior vice president and treasurer for Discover Bank. Tabrizi was most recently the chief audit executive of MB Financial Bank NA.

In addition, First Women's Bank has received its permit to organize from the Illinois Department of Financial and Professional Regulation, which allows the bank to begin its capital raise. FWB Financial Inc., the bank's holding company, raised $3.5 million during its seed capital raise and expects to begin a capital raise of $46.5 million in the coming weeks.