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b1BANK Promotes Jerry Vascocu to President

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b1BANK, the banking subsidiary of Business First Bancshares, Inc. (Nasdaq: BFST), has announced the promotion of N. Jerome "Jerry" Vascocu Jr. to the position of president. Vascocu, who joined b1BANK in 2022 as chief administrative officer, will report to Jude Melville, who retains his role as chairman and CEO.

Vascocu's responsibilities include overseeing banking, operations, risk, and credit functions. He has also led correspondent banking, wealth management, human resources, and marketing, introducing new products and technology. With a 30-year career in banking, Vascocu previously worked at First Horizon Bank and IBERIABANK, holding leadership positions across Louisiana and Arkansas.

The appointment aims to leverage Vascocu's extensive experience as b1BANK continues to grow its impact across its operating regions. Vascocu expressed excitement about the opportunity and remains committed to community development, economic growth, education, and healthcare initiatives.

b1BANK, la filiale bancaria di Business First Bancshares, Inc. (Nasdaq: BFST), ha annunciato la promozione di N. Jerome "Jerry" Vascocu Jr. alla posizione di presidente. Vascocu, che è entrato in b1BANK nel 2022 come responsabile amministrativo, riferirà a Jude Melville, che mantiene il suo ruolo di presidente e CEO.

Le responsabilità di Vascocu includono la supervisione delle funzioni bancarie, operative, di rischio e di credito. Ha inoltre guidato il settore della corrispondenza bancaria, la gestione della ricchezza, le risorse umane e il marketing, introducendo nuovi prodotti e tecnologie. Con 30 anni di carriera nel settore bancario, Vascocu ha precedentemente lavorato in First Horizon Bank e IBERIABANK, ricoprendo posizioni di leadership in Louisiana e Arkansas.

La nomina mira a sfruttare l'ampia esperienza di Vascocu mentre b1BANK continua a crescere nel suo impatto nelle regioni in cui opera. Vascocu ha espresso entusiasmo per l'opportunità e rimane impegnato nello sviluppo della comunità, nella crescita economica, nell'istruzione e nelle iniziative sanitarie.

b1BANK, la filial bancaria de Business First Bancshares, Inc. (Nasdaq: BFST), ha anunciado la promoción de N. Jerome "Jerry" Vascocu Jr. al cargo de presidente. Vascocu, quien se unió a b1BANK en 2022 como director administrativo, reportará a Jude Melville, quien mantiene su rol como presidente y CEO.

Las responsabilidades de Vascocu incluyen la supervisión de la banca, las operaciones, el riesgo y las funciones de crédito. También ha liderado la banca corresponsal, la gestión de patrimonio, los recursos humanos y el marketing, introduciendo nuevos productos y tecnologías. Con 30 años de experiencia en el sector bancario, Vascocu trabajó anteriormente en First Horizon Bank e IBERIABANK, ocupando cargos de liderazgo en Louisiana y Arkansas.

El nombramiento busca aprovechar la amplia experiencia de Vascocu mientras b1BANK continúa aumentando su impacto en las regiones donde opera. Vascocu expresó su entusiasmo por la oportunidad y se mantiene comprometido con el desarrollo comunitario, el crecimiento económico, la educación y las iniciativas de atención médica.

b1BANK는 Business First Bancshares, Inc. (Nasdaq: BFST)의 은행 자회사로서 N. Jerome "Jerry" Vascocu Jr.의 사장 승진을 발표했습니다. Vascocu는 2022년에 b1BANK에 최고 관리 책임자로 합류했으며, Jude Melville에게 보고합니다. Melville은 여전히 회장 및 CEO로서의 역할을 유지합니다.

Vascocu의 책임에는 은행 업무, 운영, 위험 및 신용 기능의 감독이 포함됩니다. 그는 또한 대응 은행업, 자산 관리, 인적 자원 및 마케팅을 이끌며 새로운 제품과 기술을 도입했습니다. 30년의 은행 경력을 지닌 Vascocu는 이전에 First Horizon Bank와 IBERIABANK에서 리더십 직책을 역임하며 루이지애나와 아칸소에서 활동했습니다.

이번 임명은 Vascocu의 광범위한 경험을 활용하여 b1BANK가 운영 지역에서의 영향력을 지속적으로 확대하기 위한 것입니다. Vascocu는 이 기회에 대한 흥분을 표현하며, 지역 사회 개발, 경제 성장, 교육 및 건강 관리 이니셔티브에 대한 헌신을 유지하고 있습니다.

b1BANK, la filiale bancaire de Business First Bancshares, Inc. (Nasdaq: BFST), a annoncé la promotion de N. Jerome "Jerry" Vascocu Jr. au poste de président. Vascocu, qui a rejoint b1BANK en 2022 en tant que directeur administratif, fera rapport à Jude Melville, qui conserve son rôle de président et directeur général.

Les responsabilités de Vascocu incluent la supervision des activités bancaires, des opérations, des risques et des fonctions de crédit. Il a également dirigé la banque correspondante, la gestion de patrimoine, les ressources humaines et le marketing, tout en introduisant de nouveaux produits et technologies. Avec une carrière de 30 ans dans le secteur bancaire, Vascocu a précédemment travaillé chez First Horizon Bank et IBERIABANK, occupant des postes de direction en Louisiane et en Arkansas.

La nomination vise à tirer parti de l'expérience étendue de Vascocu alors que b1BANK continue de développer son impact dans ses régions d'opération. Vascocu a exprimé son enthousiasme pour cette opportunité et reste engagé dans le développement communautaire, la croissance économique, l'éducation et les initiatives de santé.

b1BANK, die Banktochter von Business First Bancshares, Inc. (Nasdaq: BFST), hat die Beförderung von N. Jerome "Jerry" Vascocu Jr. zum Präsidenten bekannt gegeben. Vascocu, der 2022 als Chief Administrative Officer zu b1BANK stieß, wird an Jude Melville berichten, der seine Rolle als Vorsitzender und CEO weiterhin innehat.

Vascocu ist verantwortlich für die Überwachung der Bankgeschäfte, der Betriebsabläufe, des Risikos und der Kreditfunktionen. Er hat auch die Korrespondenzbank, das Vermögensmanagement, die Personalabteilung und das Marketing geleitet und dabei neue Produkte und Technologien eingeführt. Mit einer 30-jährigen Karriere im Bankwesen arbeitete Vascocu zuvor bei der First Horizon Bank und der IBERIABANK, wo er Führungspositionen in Louisiana und Arkansas innehatte.

Die Ernennung zielt darauf ab, Vascocus umfangreiche Erfahrung zu nutzen, während b1BANK weiterhin ihren Einfluss in den Betriebsregionen ausbaut. Vascocu äußerte seine Begeisterung für die Gelegenheit und bleibt dem Gemeinwohl, dem Wirtschaftswachstum, der Bildung und Initiativen im Gesundheitswesen verpflichtet.

Positive
  • Promotion of experienced banking executive Jerry Vascocu to president
  • Vascocu's 30-year career and broad-based banking experience
  • Introduction of new products and technology under Vascocu's leadership
  • Continued growth and momentum across b1BANK's markets and business units
Negative
  • None.

BATON ROUGE, La., Oct. 17, 2024 (GLOBE NEWSWIRE) -- b1BANK, the banking subsidiary of Business First Bancshares, Inc. (Nasdaq: BFST), announced today that N. Jerome “Jerry” Vascocu Jr. will be the bank’s new president, reporting to Jude Melville, who will retain the title of chairman and CEO.

Vascocu, who joined b1BANK in 2022 as chief administrative officer, oversees the coordination of banking, operations, risk and credit functions for the bank. He has also led several functions for the bank including correspondent banking, wealth management, human resources and marketing, where he recruited additional strong teammates, developed new products and introduced new technology.

“With an extensive and varied 30-year career, Jerry’s proven leadership and broad-based banking experience is especially relevant to the challenges and opportunities we anticipate facing as we continue to grow our impact on behalf of clients across the regions in which we operate,” said Jude Melville, chairman and CEO of b1BANK. “Most important, he’s a good person and I look forward to partnering with him in this new role.”

Before joining b1BANK and relocating to Baton Rouge, La., Vascocu led the development and implementation of client-focused strategies for commercial banking teams across the Southeast at First Horizon Bank. During his 17-year career at IBERIABANK and First Horizon, he also served as market president in multiple markets across Louisiana and Arkansas. Vascocu started his banking career immediately after earning his Bachelor of Arts in Economics from Vanderbilt University.

“b1BANK continues to build momentum in all our markets and across our various business units. This is a direct result of our teams’ dedication to our clients and to the communities we serve,” said Vascocu. “I am fortunate to be part of a great organization and thankful for the opportunity to serve in an expanded leadership role. I am excited about what is ahead for b1BANK.”

Vascocu remains focused on community development, economic development, education and healthcare, having served in board leadership roles across Louisiana most recently for One Acadiana, Ochsner Lafayette General Hospital and Foundation, University of Louisiana at Lafayette College of Business and Athletic Foundation.

About Business First Bancshares, Inc.

As of June 30, 2024, Business First Bancshares, Inc., (Nasdaq: BFST) through its banking subsidiary b1BANK, had approximately $6.7 billion in assets, $6.1 billion in assets under management through b1BANK’s affiliate Smith Shellnut Wilson, LLC (SSW) (excludes $0.9 billion of b1BANK assets managed by SSW) and operates Banking Centers and Loan Production Offices in markets across Louisiana and Texas, providing commercial and personal banking products and services. Commercial banking services include commercial loans and letters of credit, working capital lines and equipment financing, and treasury management services. b1BANK was awarded #1 Best-In-State Bank, Louisiana, by Forbes and Statista and is a multiyear winner of American Banker’s “Best Banks to Work For.” Visit b1BANK.com for more information.

Misty Albrecht
b1BANK
225.286.7879
Misty.Albrecht@b1BANK.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6f3fe29c-03e2-468c-afd8-4ed162d7727e


FAQ

Who is the new president of b1BANK (BFST)?

N. Jerome "Jerry" Vascocu Jr. has been promoted to president of b1BANK, the banking subsidiary of Business First Bancshares, Inc. (Nasdaq: BFST).

What was Jerry Vascocu's previous role at b1BANK (BFST)?

Jerry Vascocu joined b1BANK in 2022 as chief administrative officer before being promoted to president.

What are Jerry Vascocu's responsibilities as president of b1BANK (BFST)?

As president, Jerry Vascocu oversees the coordination of banking, operations, risk, and credit functions for b1BANK. He also leads correspondent banking, wealth management, human resources, and marketing.

Where did Jerry Vascocu work before joining b1BANK (BFST)?

Before joining b1BANK, Jerry Vascocu worked at First Horizon Bank and IBERIABANK, holding leadership positions across Louisiana and Arkansas during his 17-year career with those institutions.

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