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Business First Bancshares, Inc. announces the appointment of Zeenat Sidi to its Board of Directors

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Business First Bancshares, Inc. (Nasdaq: BFST) has appointed Zeenat Sidi to its Board of Directors and its banking subsidiary b1BANK. Sidi brings over 25 years of experience in fintech, consumer banking, and payments industries. Her expertise includes P&L leadership, digital transformation, and risk management. Notable achievements include developing products at loanDepot that gained Wall Street Journal recognition and holding senior executive roles at SoFi and Capital One. Sidi's appointment is expected to enhance the board's digital expertise and customer engagement strategies. She holds advanced degrees from Duke University and Stanford University and has been recognized as one of the Outstanding 50 Asian Americans in Business in 2022.

Business First Bancshares, Inc. (Nasdaq: BFST) ha nominato Zeenat Sidi nel suo Consiglio di Amministrazione e nella sua sussidiaria bancaria b1BANK. Sidi porta con sé oltre 25 anni di esperienza nei settori fintech, banca al consumo e pagamenti. La sua esperienza include la leadership P&L, la trasformazione digitale e la gestione del rischio. Tra i suoi successi più notevoli c'è lo sviluppo di prodotti presso loanDepot che hanno ottenuto il riconoscimento del Wall Street Journal e il ricoprire ruoli dirigenziali senior presso SoFi e Capital One. La nomina di Sidi si prevede che aumenterà l'esperienza digitale del consiglio e le strategie di coinvolgimento dei clienti. Ha conseguito lauree avanzate presso Duke University e Stanford University ed è stata riconosciuta come una delle 50 donne asiatiche americane più eccezionali nel business nel 2022.

Business First Bancshares, Inc. (Nasdaq: BFST) ha nombrado a Zeenat Sidi en su Junta Directiva y en su subsidiaria bancaria b1BANK. Sidi aporta más de 25 años de experiencia en fintech, banca de consumo y la industria de pagos. Su experiencia incluye liderazgo en P&L, transformación digital y gestión de riesgos. Entre sus logros más destacados se encuentra el desarrollo de productos en loanDepot que fueron reconocidos por el Wall Street Journal y haber ocupado roles ejecutivos senior en SoFi y Capital One. Se espera que el nombramiento de Sidi mejore la experiencia digital de la junta y las estrategias de compromiso con el cliente. Tiene títulos avanzados de Duke University y Stanford University, y ha sido reconocida como una de las 50 estadounidenses asiáticas sobresalientes en los negocios en 2022.

Business First Bancshares, Inc. (Nasdaq: BFST)는 Zeenat Sidi를 이사회 및 은행 자회사인 b1BANK의 이사로 임명했습니다. Sidi는 핀테크, 소비자 은행 및 결제 산업에서 25년 이상의 경력을 가지고 있습니다. 그녀의 전문 분야에는 P&L 리더십, 디지털 변환 및 위험 관리가 포함됩니다. 주목할 만한 성과로는 월스트리트 저널에서 인정받은 loanDepot의 제품 개발과 SoFi 및 Capital One에서 고위 경영직을 맡은 것이 있습니다. Sidi의 임명은 이사회의 디지털 전문성과 고객 참여 전략을 향상시킬 것으로 기대됩니다. 그녀는 Duke University와 Stanford University에서 고급 학위를 보유하고 있으며, 2022년에는 비즈니스 분야에서 뛰어난 아시아계 미국인 50인 중 한 명으로 선정되었습니다.

Business First Bancshares, Inc. (Nasdaq: BFST) a nommé Zeenat Sidi au sein de son Conseil d'Administration ainsi que de sa filiale bancaire b1BANK. Sidi apporte plus de 25 ans d'expérience dans les secteurs de la fintech, de la banque de consommation et des paiements. Son expertise inclut la direction des résultats, la transformation digitale et la gestion des risques. Parmi ses réalisations notables, on trouve le développement de produits chez loanDepot qui ont été reconnus par le Wall Street Journal et des postes exécutifs de haut niveau chez SoFi et Capital One. La nomination de Sidi devrait renforcer l'expertise numérique du conseil et les stratégies d'engagement client. Elle détient des diplômes avancés de l'Université de Duke et de l'Université de Stanford, et a été reconnue comme l'une des 50 Asiatiques-Américains les plus remarquables dans le domaine des affaires en 2022.

Business First Bancshares, Inc. (Nasdaq: BFST) hat Zeenat Sidi in seinen Vorstand und seine Banktochter b1BANK berufen. Sidi bringt über 25 Jahre Erfahrung in den Bereichen Fintech, Konsumfinanzierung und Zahlungsverkehr mit. Zu ihren Kompetenzen zählen P&L-Führung, digitale Transformation und Risikomanagement. Zu ihren bemerkenswerten Leistungen gehört die Entwicklung von Produkten bei loanDepot, die in der New York Times Anerkennung fanden, sowie das Halten von Führungspositionen bei SoFi und Capital One. Sidis Ernennung wird voraussichtlich die digitale Expertise des Vorstands und die Strategien zur Kundenbindung stärken. Sie besitzt Abschlüsse von der Duke University und der Stanford University und wurde 2022 als eine der herausragenden 50 Asiatisch-Amerikaner im Geschäft ausgezeichnet.

Positive
  • Appointment of Zeenat Sidi brings extensive fintech and banking experience to the board
  • Sidi's expertise in digital transformation and customer engagement could drive growth
  • Addition of Sidi diversifies the board's industry expertise
  • Potential for new opportunities and positive impact on client services
Negative
  • None.

BATON ROUGE, La., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Zeenat Sidi has been appointed to the board of directors of Business First Bancshares, Inc. (Nasdaq: BFST) and its banking subsidiary b1BANK.

Sidi, a C-suite executive in the fintech and consumer banking and payments industry, has over 25 years of experience in profit and loss (P&L) leadership, digital transformation, risk management, operations and strategy in the U.S. and Canada. Most recently, as loanDepot’s President of Digital Products and Services, she led the development of multiple products and digital customer engagement strategies. One product, aimed at increasing affordability for first-time home buyers, led to industry recognition by the Wall Street Journal. She has a proven track record in financial services and the fintech industry, including senior executive roles in the lending businesses at SoFi and Capital One, where she built and led profitable, digitally-enabled businesses. Sidi also has served in executive roles at RBC, FICO and Experian.

“Zeenat’s expertise in building digital platforms and increasing customer engagement will add meaningfully to our board’s strong mix of diverse industry experts,” said Chairman, President and CEO Jude Melville. “Zeenat will provide valuable insight as we explore new opportunities, continuing to grow the positive impact we hope to have on clients’ lives in coming years.”

Sidi earned a Master of Business Administration from Duke University’s Fuqua School of Business, a Master of Science in Operations Research from Stanford University, and a Bachelor of Science from the University of Miami. She has served on the Board of the Texas Women’s Foundation as an executive committee member and as Chair of the Audit Committee. In 2022, the Asian American Business Development Center recognized Sidi as one of the Outstanding 50 Asian Americans in Business.

"I am truly honored to join the board of directors at Business First Bancshares, Inc,” said Zeenat Sidi. “This is an exciting time for b1BANK, and I look forward to collaborating with the talented management team and my fellow board members to help drive the company's growth and deliver long-term value to the bank’s shareholders and stakeholders."

Chartwell Partners provided executive search services for the fulfillment of this board position.

About Business First Bancshares, Inc.

As of June 30, 2024, Business First Bancshares, Inc. (Nasdaq: BFST), through its banking subsidiary b1BANK, has $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 the Dallas and Houston, Texas areas, 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/04d635c1-8aba-4e1f-8d91-123975c43a0e


FAQ

Who is the new board member appointed to Business First Bancshares (BFST)?

Zeenat Sidi, a C-suite executive with over 25 years of experience in fintech and consumer banking, has been appointed to the board of directors of Business First Bancshares, Inc. (BFST) and its banking subsidiary b1BANK.

What experience does Zeenat Sidi bring to Business First Bancshares (BFST)?

Zeenat Sidi brings over 25 years of experience in P&L leadership, digital transformation, risk management, operations, and strategy in the U.S. and Canada. She has held senior executive roles at loanDepot, SoFi, Capital One, RBC, FICO, and Experian.

How might Zeenat Sidi's appointment impact Business First Bancshares (BFST)?

Sidi's expertise in building digital platforms and increasing customer engagement is expected to provide valuable insights as BFST explores new opportunities and aims to grow its positive impact on clients' lives in the coming years.

What notable achievements does Zeenat Sidi have prior to joining BFST's board?

At loanDepot, Sidi led the development of products that gained recognition from the Wall Street Journal. In 2022, she was recognized as one of the Outstanding 50 Asian Americans in Business by the Asian American Business Development Center.

Business First Bancshares, Inc.

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