BOK Financial announces changes within Credit, Regional Banking leadership

Rhea-AI Summary

BOK Financial has announced leadership changes to enhance its growth strategy. Marc Maun has been appointed Regional Banking executive, overseeing Treasury Management across multiple states including Arizona and Texas. Jim Dietz will take over as chief credit officer, bringing 34 years of experience within the company. These adjustments aim to align the leadership team with future growth priorities, as stated by COO Stacy Kymes. BOK Financial, based in Tulsa, manages over $90 billion in assets and operates across eight states under various banking divisions.

Positive

• Leadership restructuring positions the company for future growth opportunities.
• Marc Maun's vast experience (35+ years) will benefit regional operations.
• New chief credit officer Jim Dietz has significant internal experience.

Negative

• None.

Move better aligns leadership team with growth opportunities

TULSA, Okla., Nov. 23, 2021 (GLOBE NEWSWIRE) -- BOK Financial has made changes within its leadership team to better position the company for growth in the coming years.

Marc Maun has been named Regional Banking executive for Arizona, Colorado, Kansas, Missouri, New Mexico and Oklahoma, and will have responsibilities for Treasury Management as well. Maun has been with the company for more than 35 years and previously served as market executive for the company’s Kansas City and Oklahoma City operations. Most recently, he served as the company’s chief credit officer. He earned a bachelor’s degree in Business Administration from The University of Tulsa and an MBA from Washington University in St. Louis.

Norm Bagwell will continue to serve as chairman and chief executive officer for Bank of Texas, leading Commercial Banking across the footprint as well as the company’s growth efforts in Texas and Arkansas. Bagwell joined the company in 2008 after serving as the Dallas president of JPMorgan Chase and its predecessor Bank One Dallas. He received bachelor’s degrees in Arts and Business Administration from Southern Methodist University.

Jim Dietz will replace Maun as the company’s chief credit officer. Dietz has been with the company since 1987, most recently serving as executive director of Credit Risk. He received his bachelor’s degree in Business Administration from Kansas State University.

“These changes will better align the leadership team with our priorities and future opportunities for growth,” said Stacy Kymes, chief operating officer for BOK Financial. Kymes will assume the role of president and chief executive officer when Steve Bradshaw retires. “The depth of talent within the leadership team made these changes possible, and I am so pleased to welcome them all to their new roles.”

BOK Financial Corporation is a more than $47 billion regional financial services company headquartered in Tulsa, Okla. with more than $90 billion in assets under management and administration. The company's stock is publicly traded on NASDAQ under the Global Select market listings (BOKF). BOK Financial Corporation's holdings include BOKF, NA; BOK Financial Securities, Inc.; BOK Financial Private Wealth; and BOK Financial Insurance, Inc. BOKF, NA operates TransFund, Cavanal Hill Investment Management and BOK Financial Asset Management, Inc. BOKF, NA operates banking divisions across eight states as: Bank of Albuquerque, Bank of Oklahoma, Bank of Texas and BOK Financial (in Arizona, Arkansas, Colorado, Kansas and Missouri); as well as having limited purpose offices in Nebraska, Milwaukee and Connecticut. Through its subsidiaries, BOK Financial Corporation provides commercial and consumer banking, brokerage trading, investment, trust and insurance services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit www.bokf.com.

Media Contact:
Sue Hermann
shermann@bokf.com
303.312.3488

FAQ

What leadership changes were made at BOK Financial?

BOK Financial appointed Marc Maun as Regional Banking executive and Jim Dietz as chief credit officer.

What are Marc Maun's responsibilities at BOK Financial?

Marc Maun will oversee Treasury Management and regional banking across several states.

Who will assume the role of CEO at BOK Financial?

Stacy Kymes will become president and CEO upon Steve Bradshaw's retirement.

How much does BOK Financial manage in assets?

BOK Financial manages over $90 billion in assets.

In which states does BOK Financial operate?

BOK Financial operates in eight states including Texas, Oklahoma, and Colorado.