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New directors at First Financial, ServisFirst Bancshares

S&P Global Market Intelligence presents a daily roundup of management and board changes in the financial services and bank and thrift industries. This feature excludes key C-level leadership changes, which are covered separately, and stories previously covered by S&P Global Market Intelligence.

Banking

Pine Bluff, Ark.-based Simmons First National Corp. director Christopher Kirkland will resign from the board, effective Dec. 31.

Kirkland is resigning to pursue other interests.

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Newly appointed regional president Jeff Pace will lead Bakersfield, Calif.-based Valley Republic Bancorp's new loan production office in Fresno, Calif.

Before his appointment, Pace spent 17 years managing Central Valley Community Bank's real estate group.

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Toano, Va.-based C&F Financial Corp. added D. Anthony Peay to its board and to that of its unit Citizens and Farmers Bank effective Nov. 19.

Peay is the former CFO of Union Bankshares Corp.

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San Diego, Calif.-based Seacoast Commerce Bank hired John Nguyen as senior vice president and small business administration business development officer.

Nguyen most recently served as a small business administration business development officer at Summit State Bank.

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Birmingham, Ala.-based ServisFirst Bancshares Inc. increased the board's size to seven and added Chris Mettler as a director.

He is founder and president of Sovereign Co.

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Terre Haute, Ind.-based First Financial Corp. appointed Tina Maher, Paul Pierson II and Thomas Martin to its board, effective Oct. 15.

Financial services

GWG Holdings Inc. reduced its board size following the finalization of a number of initiatives between the company and The Beneficient Company Group LP.

Directors David Glaser, Sheldon Stein and Bruce Zimmerman resigned from the companies' board and Richard Fisher resigned from the GWG Holdings board. Fisher will continue as a senior partner director and board member for The Beneficient Co.

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IHS Markit Ltd. added Deborah Orida to its board, effective Oct. 17, following the company's decision to increase the board's size to 12 directors.

Orida is the senior managing director and global head of active equities at Canada Pension Plan Investment Board.