Major Hires at Banks: MUFG, Idaho First Bank, Patriot Bank

16. May 2021.

Mitsubishi UFJ Financial Group – MUFG Americas Holdings Corporation has appointed Neal Holland as its chief financial officer, effective from June 1.

Holland has worked for the group since 2008. Most recently, he was MUFG Union Bank’s CFO and deputy CFO of the wider financial group. He previously served as controller and chief accounting officer.

He succeeds Johannes Worsoe, who has been CFO since 2016.

Idaho First Bank – Idaho First Bank has promoted Todd Cooper to chief executive officer, replacing the retiring Greg Lovell.

Cooper joined in January 2020 as chief operating officer, and previously worked at Wells Fargo’s Boise, Idaho office as senior vice president of commercial banking.

Lovell, who founded the company in 2005, will continue to serve as an active member on the board of directors.

Nicolet Bankshares – Wisconsin-based Nicolet Bankshares has appointed a new CFO and adjusted senior job titles.

Industry veteran Phil Moore will join the company as CFO from June 7, 2021. He joins the community bank after a career as an accountant and auditor in a variety of roles, latterly serving as the Southeast US marker leader for Wipfli LLP.

Meanwhile, Mike Daniels was named president and CEO of the holding company at the end of April, with Bob Atwell becoming executive chairman. Atwell will continue as chairman of Nicolet National Bank, the operating company, while Daniels will continue as president and CEO.

Patriot BankKaren Rojeski has joined Connecticut’s Patriot National Bancorp as chief credit officer, while Steven Grunblatt has been promoted to chief information officer.

Rojeski was previously chief credit officer at Metropolitan Commercial Bank and has also worked at Union Savings Bank.

In addition, David Lowery has been hired as head of lending.

Grasshopper Bancorp – Grasshopper Bancorp has appointed Michael Butler as president and CEO.

Butler most recently spent 13 years at Radius Bank as the president and CEO, overseeing the company’s technology advancements and implementation of fintech partnerships.

He replaces Judith Erwin, who founded Grasshopper.

Live Oak BankRenato Derraik will join Live Oak Bank as chief information and digital officer from June 7.

Derraik will be responsible for driving the strategy and execution of Live Oak’s technology and digital initiatives in alignment with corporate business strategy.

His 25-year career includes spells at including Ally and Sprint, as well as being a partner at McKinsey, where he specialized in technology and digital transformations for 15 years.

John Marshall Bank – The Virginia-based community bank has appointed Mike Bell as its chief accounting officer.

In his previous role, Bell served as a senior manager in the financial accounting advisory services practice at EY, providing operational oversight to various teams and strategic consulting and audit services.

FirstBank – Nashville-based FirstBank has announced Keith Rainwater as chief accounting officer. Rainwater brings more than 25 years of banking and accounting experience to his new role.

Prior to joining FirstBank, he served as principal accounting officer for a regional bank in South Carolina. In his new role, he will oversee the accounting operations and reporting functions.

Old National – John Moran, who served as Old National’s director of corporate development and strategy from 2017 to 2019, has re-joined the company as chief strategy officer.

Moran will join the senior operating group with responsibility for guiding the holding company’s strategic planning and investor relations.

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