DALLAS and HOUSTON, May possibly 16, 2022 (World NEWSWIRE) — Prolonged time banking veteran Phil Donnelly has joined Veritex Community Lender as the bank’s Senior Govt Vice President and Typical Counsel. In addition to primary the bank’s legal crew, Donnelly will oversee Veritex Bank’s company governance and control all regulatory matters.
Donnelly brings extra than 32 a long time of management knowledge in the fiscal providers industry. As Normal Counsel, he has worked in both equally domestic and intercontinental companies and for community and personal establishments. His resume features leadership positions at Starbuck Bancshares, Inc., AmericanWest Bank, Mutual of Omaha Bank, and FINOVA Cash Company. He is competent in M&A, company governance, professional finance, elaborate litigation administration, contracts, human sources, compliance, and chance administration.
As a member of the bank’s government leadership group, Donnelly will perform hand-in-hand with senior administration in building and applying financial institution-huge strategic business initiatives and in the generation of new treatments and protocols designed to bolster the bank’s contracts, compliance, and threat management situation. As Senior Govt Vice President and Basic Counsel, he will be key counsel to a variety of departments inside the bank including accounting, human means, and hazard management, about investor correspondence, personnel matters, corporate insurance coverage, and regulatory apps.
He lately served as Basic Counsel and Director of HR to a publicly traded Berkshire Hathaway and Leucadia Countrywide subsidiary. He was liable for the acquisition of nine banking companies in the western U.S., generating a $10 billion monetary institution. He successfully has managed and integrated various groups of pros which includes, in-household and outdoors counsel, human means, advertising and marketing personnel and other professionals.
“Phil Donnelly’s name additional than precedes him he is a product for excellence in the banking sector,” CEO of Veritex Financial institution, C. Malcolm Holland said. “He is aware 1st-hand what it took to build Veritex to in which it is now, and he understands how to assistance get Veritex to where it requires to be. Introducing his skill set in compliance, regulatory, M&A, and corporate governance will only make the extraordinary team that we have in spot, superior.
“I am extremely fired up to be part of the group at Veritex Bank,” explained Donnelly. “The banking choices beyond $10 Billion are remarkable, and the regulatory requires on the financial institution will raise as nicely. I glimpse ahead to ensuring the lender stays the steady class that has been set for it more than the past eleven decades.” Donnelly mentioned.
Donnelly has invested most of his professional occupation in Arizona. He acquired his undergraduate diploma in 1984 and his J.D. from St. John’s University in Queens, New York in 1987.
About Veritex Lender
Veritex Group Lender is a mid-sized local community bank serving its consumers with a comprehensive suite of banking items and services. The lender has more than 30 branch destinations in Houston, Fort Worthy of and Dallas, Texas with whole assets of a lot more than $10 billion. The lender specializes in providing depository and credit score companies to retail and compact- to mid-dimension corporations, which have been mainly neglected by national banking companies. The identify “Veritex” is derived from the Latin term “veritas,” which means truth, and “Texas.”
Speak to: For a lot more info make contact with: Susan Caudle Veritex Group Bank [email protected] (972) 349-6132