Mandy Austin to lead Dallas market for Bank of Texas

Rhea-AI Summary

BOK Financial has promoted Mandy Austin as the new market president for Bank of Texas in Dallas, effective May 26, 2020. Austin, who joined the bank's management training program in 2006, has held several positions, including Corporate Banking manager.

As market president, she will oversee operations and business development in the rapidly growing Dallas market. Austin aims to enhance client partnerships by providing tailored banking solutions, backed by her leadership skills and experience.

Positive

• Mandy Austin's promotion can enhance leadership and operational efficiency at Bank of Texas.
• Dallas is the fastest-growing market for BOK Financial, indicating growth potential.
• Austin's background and innovative approach may lead to improved client solutions.

Negative

• None.

DALLAS, May 26, 2020 (GLOBE NEWSWIRE) -- Mandy Austin has been promoted to lead Bank of Texas in Dallas as market president.

Austin joined Bank of Texas as a member of the management training program in 2006 and has quickly risen through the ranks of the Corporate Banking group. Most recently, she served as Corporate Banking manager.

“This is an exciting announcement for Bank of Texas,” said Norm Bagwell, EVP, BOK Financial Regional Banking and CEO, Bank of Texas. “Mandy is a natural leader with impressive banking skills and experience. She is uniquely qualified to help deliver the entirety of our offerings to the Dallas region.”

As market president, Austin will lead operational and business development efforts for Bank of Texas as well as all lines of business for the bank’s parent company, BOK Financial. With approximately 500 employees, Dallas is the fastest growing market within the eight-state BOK Financial footprint.

In addition to her role as market president, she will continue to have oversight of the Corporate Banking team. Austin leads an innovative team that is focused on partnering with clients to find customized solutions.

“Mandy is a tremendous asset to Bank of Texas and BOK Financial,” said Mark Wade, executive director of Commercial Banking for BOK Financial. “Under her leadership, our team will be well positioned to support our clients in a challenging and ever-changing environment.”

Austin is passionate about giving back to the Dallas community, serving on the board of directors for The Family Place, a nonprofit seeking to end domestic violence, and The Park City Club, whose primary beneficiary is Allies in Service, a nonprofit dedicated to helping military veterans and their families. She has served on the Annual Campaign Council for the United Way of Metropolitan Dallas and is currently on the steering committee for the United Way Women of Tocqueville.

Austin earned her bachelor’s and master’s degrees from the Cox School of Business at Southern Methodist University.

About BOK Financial
BOK Financial Corporation is a more than $40 billion regional financial services company headquartered in Tulsa, Oklahoma with more than $80 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 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/06462ca8-f107-4cd1-8319-89ac9d65c2f9

Media Contacts: 
Cristie Escochea, Bank of Texas, 214-346-3907, 
Megan Ryan, BOK Financial, 303-312-3420,

FAQ

Who is the newly appointed market president of Bank of Texas?

Mandy Austin has been appointed as the market president of Bank of Texas.

What role did Mandy Austin hold before becoming market president?

Before her promotion, Mandy Austin served as the Corporate Banking manager.

What is the significance of the Dallas market for BOK Financial?

The Dallas market is the fastest growing within BOK Financial's eight-state footprint.

When did Mandy Austin's promotion as market president take effect?

Mandy Austin's promotion took effect on May 26, 2020.

What experience does Mandy Austin bring to her new role?

Mandy Austin has extensive experience in banking, having joined Bank of Texas in 2006 and risen through various roles.