Banking Veteran Phil Donnelly Joins Veritex Community Bank as SEVP and General Counsel
DALLAS and HOUSTON, Could 16, 2022 (World NEWSWIRE) — Prolonged time banking veteran Phil Donnelly has joined Veritex Group Bank as the bank’s Senior Executive Vice President and Typical Counsel. In addition to leading the bank’s authorized group, Donnelly will oversee Veritex Bank’s company governance and take care of all regulatory matters.
Donnelly delivers additional than 32 years of leadership know-how in the money products and services sector. As Basic Counsel, he has labored in both of those domestic and global companies and for public and private establishments. His resume involves management positions at Starbuck Bancshares, Inc., AmericanWest Bank, Mutual of Omaha Bank, and FINOVA Cash Corporation. He is proficient in M&A, corporate governance, industrial finance, advanced litigation administration, contracts, human sources, compliance, and possibility management.
As a member of the bank’s government leadership staff, Donnelly will get the job done hand-in-hand with senior administration in acquiring and employing financial institution-large strategic enterprise initiatives and in the development of new treatments and protocols built to strengthen the bank’s contracts, compliance, and danger management placement. As Senior Government Vice President and Normal Counsel, he will be principal counsel to many departments within just the financial institution together with accounting, human means, and danger administration, regarding trader correspondence, worker matters, company insurance coverage, and regulatory purposes.
He lately served as Basic Counsel and Director of HR to a publicly traded Berkshire Hathaway and Leucadia National subsidiary. He was responsible for the acquisition of 9 banking institutions in the western U.S., making a $10 billion economic institution. He successfully has managed and integrated assorted teams of pros which include, in-house and outside the house counsel, human means, advertising and marketing staff and other industry experts.
“Phil Donnelly’s name far more than precedes him he is a product for excellence in the banking business,” CEO of Veritex Bank, C. Malcolm Holland stated. “He understands to start with-hand what it took to construct Veritex to wherever it is nowadays, and he understands how to aid take Veritex to in which it requires to be. Including his ability established in compliance, regulatory, M&A, and corporate governance will only make the incredible staff that we have in area, better.
“I am very excited to join the team at Veritex Lender,” reported Donnelly. “The banking prospects further than $10 Billion are remarkable, and the regulatory calls for on the bank will enhance as properly. I look ahead to guaranteeing the bank stays the continual class that has been established for it in excess of the previous eleven yrs.” Donnelly stated.
Donnelly has spent most of his professional profession in Arizona. He gained his undergraduate degree in 1984 and his J.D. from St. John’s University in Queens, New York in 1987.
About Veritex Financial institution
Veritex Group Lender is a mid-sized neighborhood lender serving its prospects with a entire suite of banking products and solutions and providers. The bank has additional than 30 department destinations in Houston, Fort Really worth and Dallas, Texas with full property of far more than $10 billion. The bank specializes in delivering depository and credit rating providers to retail and modest- to mid-sizing enterprises, which have been mostly neglected by national banks. The title “Veritex” is derived from the Latin phrase “veritas,” this means truth of the matter, and “Texas.”
Call: For more information and facts call: Susan Caudle Veritex Community Lender [email protected] (972) 349-6132
