DALLAS and HOUSTON, May well 16, 2022 (Globe NEWSWIRE) — Extended time banking veteran Phil Donnelly has joined Veritex Community Bank as the bank’s Senior Executive Vice President and Basic Counsel. In addition to leading the bank’s authorized team, Donnelly will oversee Veritex Bank’s company governance and deal with all regulatory matters.
Donnelly brings more than 32 years of leadership know-how in the monetary expert services market. As Basic Counsel, he has labored in both of those domestic and global corporations and for public and private institutions. His resume includes management positions at Starbuck Bancshares, Inc., AmericanWest Bank, Mutual of Omaha Lender, and FINOVA Cash Corporation. He is proficient in M&A, company governance, commercial finance, advanced litigation administration, contracts, human sources, compliance, and threat administration.
As a member of the bank’s executive management crew, Donnelly will do the job hand-in-hand with senior administration in building and employing financial institution-wide strategic small business initiatives and in the generation of new processes and protocols intended to reinforce the bank’s contracts, compliance, and hazard management position. As Senior Govt Vice President and Common Counsel, he will be main counsel to different departments in just the financial institution together with accounting, human resources, and possibility management, regarding investor correspondence, personnel issues, company insurance policies, and regulatory purposes.
He a short while ago served as Standard Counsel and Director of HR to a publicly traded Berkshire Hathaway and Leucadia Countrywide subsidiary. He was responsible for the acquisition of nine banks in the western U.S., producing a $10 billion economic institution. He successfully has managed and built-in varied teams of specialists which includes, in-home and exterior counsel, human assets, internet marketing personnel and other experts.
“Phil Donnelly’s track record far more than precedes him he is a design for excellence in the banking field,” CEO of Veritex Bank, C. Malcolm Holland stated. “He appreciates to start with-hand what it took to construct Veritex to where it is now, and he understands how to enable choose Veritex to where it needs to be. Including his talent set in compliance, regulatory, M&A, and corporate governance will only make the remarkable crew that we have in put, far better.
“I am very energized to sign up for the group at Veritex Financial institution,” explained Donnelly. “The banking possibilities beyond $10 Billion are interesting, and the regulatory calls for on the bank will raise as effectively. I search ahead to guaranteeing the financial institution stays the continual training course that has been set for it around the previous eleven years.” Donnelly mentioned.
Donnelly has spent most of his specialist career in Arizona. He attained his undergraduate degree in 1984 and his J.D. from St. John’s College in Queens, New York in 1987.
About Veritex Lender
Veritex Community Lender is a mid-sized group financial institution serving its consumers with a complete suite of banking solutions and providers. The bank has more than 30 department locations in Houston, Fort Worthy of and Dallas, Texas with full assets of extra than $10 billion. The lender specializes in giving depository and credit history expert services to retail and little- to mid-measurement businesses, which have been mainly neglected by countrywide banking institutions. The name “Veritex” is derived from the Latin term “veritas,” meaning real truth, and “Texas.”
Call: For extra facts call: Susan Caudle Veritex Group Bank [email protected] (972) 349-6132