trending Market Intelligence /marketintelligence/en/news-insights/trending/Kz5TTZiMWWXMuZFJRHPlXg2 content esgSubNav
In This List

Banking management and director moves


Banks’ Response to Rising Rates & Liquidity Concerns


Navigating Basel IV: Guidance and insight into complying with the new reforms for banks


Banking Essentials Newsletter: 23rd August edition


Banking Essentials Newsletter: 9th August Edition

Banking management and director moves

S&P Global Market Intelligence presents a daily roundup of management and board changes in the bank and thrift industry. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.

* Rob Scott was appointed to the board of Palo Alto, Calif.-based Avidbank Holdings Inc., the parent of Avidbank. Scott is currently the CEO of Bradford Networks.

* Oklahoma City-based MidFirst Bank, a unit of Midland Financial Co., appointed Paul Voorhies and Amanda Cone in a move to expand its commercial banking presence to the Dallas market.

Voorhies has 25 years of Dallas-based financial industry and leadership experience, while Cone has over 17 years of experience in the Dallas market.

* April Glosser, president and founder of Thrive Market Intelligence, was appointed to the board of Beloit, Wis.-based Blackhawk Bancorp Inc. and its subsidiary Blackhawk Bank.

* Jeffrey Tate was elected to the board of Midland, Mich.-based Chemical Financial Corp., effective March 1, increasing its size to 13 members.

Tate is a corporate auditor at Dow Chemical Co.

* Mattoon, Ill.-based First Mid-Illinois Bank & Trust NA, a unit of First Mid-Illinois Bancshares Inc., named Matthew Ledger senior vice president and regional president, managing operations of its Southern Illinois region.

Ledger most recently served as vice president of financial services at Farm Credit Illinois.

* Michael Bosworth was appointed to the board of Tyler, Texas-based Southside Bancshares Inc. He has served on the board of its unit Southside Bank since June 2015.

Bosworth, who is president and chairman of Bosworth & Associates, will serve on the board's risk committee. He will fill the vacancy created as a result of the death of Dr. Paul Powell.

* Federal Reserve Bank of New York promoted Christopher Armstrong, Vic Chakrian, Thomas Ferlazzo, Wing Oon, Ming Chan and Joseph Leonard to senior vice president positions.

Armstrong will serve in the cash and custody function of the financial services group. Within the supervision group, Chakrian will serve in the financial market infrastructure function, Ferlazzo in the enterprise risk supervision function and Oon in the enterprise risk supervision function. Meanwhile, Chan and Leonard will serve in the technology services group.

* Raleigh, N.C.-based North State Bank, a subsidiary of North State Bancorp, named Joseph Evans Wake Forest, N.C., market president.

Evans previously served as senior vice president and market executive at Washington, N.C.-based First South Bank, a unit of First South Bancorp Inc.

* Kurt Mable was appointed to the boards of Delhi, N.Y.-based Delhi Bank Corp. and unit Delaware National Bank of Delhi, bringing the number of directors serving on both boards to a total of nine.