BOK Financial names Brad Vincent leader of Specialized Industries Banking

Rhea-AI Summary

BOK Financial has appointed Brad Vincent as the new leader for its specialized industry banking areas, including energy, commercial real estate, and treasury services. Vincent previously built BOK's healthcare banking division, a segment that has seen significant growth under his leadership. He brings nearly 40 years of experience in financial services, having served on multiple boards. This strategic move aims to enhance BOK Financial’s offerings and maintain its status as a premier financial institution in the U.S.

Positive

• Brad Vincent's leadership expected to drive growth in specialized banking areas.
• Vincent's previous success with healthcare banking indicates strong potential for future performance.

Negative

• None.

25-year BOKF veteran previously led the company’s healthcare banking division

TULSA, Okla., Aug. 24, 2021 (GLOBE NEWSWIRE) -- BOK Financial has named Brad Vincent the leader of the company’s specialized industry banking areas. Vincent, who previously built and led the company’s healthcare banking division, will now oversee energy, commercial real estate, treasury services, commercial strategies and TransFund, in addition to healthcare.

“Brad is an outstanding banker and proven leader; I am so pleased to welcome him to this new role,” said Stacy Kymes, BOK Financial chief operating officer who previously led the specialized banking area. Kymes will assume the role of president and chief executive officer when Steve Bradshaw retires. “We asked Brad to create a new healthcare vertical in 2013; since its inception, it has been one of the company’s fastest-growing segments. I know that he will bring the same energy and insight to his new role.”

With almost four decades in the financial services industry, Vincent serves on the Oklahoma State University Foundation Board of Governors and the Oklahoma Caring Foundation board of directors. He earned his Bachelor of Science in Finance at Oklahoma State University and is a graduate of Leadership Oklahoma and Leadership Tulsa.

“Our approach to serving the unique banking needs of specific industry sectors has been a real differentiator for BOK Financial,” said Vincent. “I look forward to engaging with my leadership team to continue BOK Financial’s legacy as one of the premier financial institutions in the country.”

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:
Cody McAlester                        
cmcalester@bokf.com                         
918.295.0486

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88576533-590d-4c8b-b8a2-c233e3c5898d

FAQ

What is the significance of Brad Vincent's appointment at BOK Financial?

Brad Vincent's appointment is significant as he brings extensive experience and a track record of success, particularly in leading the healthcare banking division, which has been one of BOK's fastest-growing sectors.

What areas will Brad Vincent oversee at BOK Financial?

Brad Vincent will oversee energy, commercial real estate, treasury services, commercial strategies, and TransFund, in addition to healthcare banking.

How is BOK Financial performing in the market?

BOK Financial is a robust regional financial services company with over $47 billion in assets, strategically positioned for growth under new leadership.

When did Brad Vincent start leading specialized banking areas at BOKF?

Brad Vincent was appointed to lead the specialized banking areas on August 24, 2021.

What is BOK Financial's stock symbol?

BOK Financial's stock is publicly traded under the symbol BOKF on NASDAQ.