BOK Financial names new Arkansas market president

Rhea-AI Summary

BOK Financial has appointed Chris Schaechtel as the new president of its Arkansas market. He succeeds Jacob Hudson, who moved to another role within the company. Schaechtel brings over 15 years of financial industry experience, having held various positions including corporate relationship manager. His new role encompasses overseeing all business operations in Arkansas, which employs around 75 staff. BOK Financial is a regional financial services provider with over $96 billion in assets, underscoring the importance of strong leadership in maintaining service quality.

Positive

• Chris Schaechtel's extensive experience (over 15 years) in the financial sector.
• Schaechtel's promotion reflects internal growth and stability within BOK Financial.
• The Arkansas market has a dedicated team of approximately 75 employees to support client needs.

Negative

• None.

FAYETTEVILLE, Ark., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Chris Schaechtel has been named president of BOK Financial’s Arkansas market. He fills the role previously held by Jacob Hudson, who transitioned to a new role in the company earlier this year.

“I have no doubt that Chris will do an excellent job of leading the Arkansas market. He has been part of the team since 2010, and our customers already have a great appreciation for his work ethic and commitment to providing the best customer service in the industry,” said Hudson.

Schaechtel has worked in the financial industry for more than 15 years, starting in operations, then assistant branch manager, before becoming a commercial real estate analyst, underwriter and credit specialist. Most recently, he served as a corporate relationship manager at BOK Financial.

As market president, Schaechtel will lead operational and business development efforts for all lines of business for BOK Financial in Arkansas including commercial, consumer banking and mortgage. The company has approximately 75 employees in Arkansas serving customers through branches and corporate offices in Fayetteville and Bentonville.

“Chris is a tremendous asset to the company. He has more than a decade of industry insights and experience under his belt,” said Mark Nurdin, executive vice president of regional banking for BOK Financial. “Under his leadership, the team will be well positioned to support clients in this incredibly challenging and ever-changing environment.”

“I am absolutely thrilled about this opportunity,” said Schaechtel. “The culture at BOK Financial is unbeatable, and I consider myself incredibly fortunate to have this opportunity to serve my community in this capacity.”

BOK Financial Corporation is a more than $45 billion regional financial services company headquartered in Tulsa, Okla. with more than $96 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.