DALLAS and HOUSTON, May well 16, 2022 (Globe NEWSWIRE) — Very long time banking veteran Phil Donnelly has joined Veritex Neighborhood Lender as the bank’s Senior Executive Vice President and Standard Counsel. In addition to foremost the bank’s legal staff, Donnelly will oversee Veritex Bank’s corporate governance and deal with all regulatory issues.
Donnelly provides additional than 32 years of leadership experience in the economical providers marketplace. As General Counsel, he has worked in both equally domestic and worldwide businesses and for community and personal establishments. His resume consists of leadership positions at Starbuck Bancshares, Inc., AmericanWest Bank, Mutual of Omaha Bank, and FINOVA Cash Corporation. He is competent in M&A, company governance, commercial finance, intricate litigation management, contracts, human means, compliance, and danger management.
As a member of the bank’s govt management workforce, Donnelly will perform hand-in-hand with senior administration in establishing and applying financial institution-extensive strategic small business initiatives and in the generation of new strategies and protocols designed to strengthen the bank’s contracts, compliance, and possibility administration placement. As Senior Executive Vice President and Typical Counsel, he will be principal counsel to a variety of departments in the financial institution together with accounting, human methods, and possibility management, regarding investor correspondence, personnel matters, company insurance policies, and regulatory applications.
He lately served as Common Counsel and Director of HR to a publicly traded Berkshire Hathaway and Leucadia National subsidiary. He was responsible for the acquisition of nine banking companies in the western U.S., creating a $10 billion monetary establishment. He correctly has managed and integrated assorted teams of specialists including, in-residence and exterior counsel, human assets, advertising and marketing staff and other pros.
“Phil Donnelly’s name far more than precedes him he is a design for excellence in the banking business,” CEO of Veritex Bank, C. Malcolm Holland claimed. “He is aware of initial-hand what it took to develop Veritex to in which it is right now, and he understands how to support just take Veritex to in which it demands to be. Adding his ability established in compliance, regulatory, M&A, and corporate governance will only make the extraordinary crew that we have in place, improved.
“I am pretty excited to sign up for the staff at Veritex Bank,” reported Donnelly. “The banking choices beyond $10 Billion are enjoyable, and the regulatory needs on the lender will raise as effectively. I glance ahead to guaranteeing the bank stays the continual study course that has been established for it above the previous eleven several years.” Donnelly stated.
Donnelly has used most of his skilled profession in Arizona. He attained his undergraduate diploma in 1984 and his J.D. from St. John’s University in Queens, New York in 1987.
About Veritex Bank
Veritex Community Bank is a mid-sized local community financial institution serving its prospects with a entire suite of banking products and services. The bank has a lot more than 30 department spots in Houston, Fort Value and Dallas, Texas with total belongings of much more than $10 billion. The bank specializes in furnishing depository and credit providers to retail and little- to mid-sizing enterprises, which have been mainly neglected by countrywide financial institutions. The name “Veritex” is derived from the Latin word “veritas,” meaning fact, and “Texas.”
Make contact with: For far more facts call: Susan Caudle Veritex Community Lender [email protected] (972) 349-6132