FinWise Bancorp Announces Two Senior Leadership Promotions

Rhea-AI Summary

FinWise Bancorp (NASDAQ: FINW) has promoted Robert Keil and Richard Thiessens to Executive Vice Presidents, highlighting the company's commitment to delivering on strategic initiatives. Chief Fintech Officer Robert Keil and Chief Technology Officer Richard Thiessens will now hold the added title of Executive Vice President. Both leaders have extensive experience in the banking and fintech industry, with Keil previously serving as SVP and Chief Payments Officer at Sutton Bank and Thiessens co-founding Array Technology, which was later acquired by Sophos. The promotions are expected to drive innovation and provide differentiated solutions to FinWise's current and future customers, contributing to the company's mission to become an integrated Banking-as-a-Service provider.

- Promotes Robert Keil and Richard Thiessens to Executive Vice Presidents -
- Highlights Company’s Commitment to Delivering on Strategic Initiatives -

MURRAY, Utah, Feb. 05, 2024 (GLOBE NEWSWIRE) -- FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced the promotions of Chief Fintech Officer Robert Keil and Chief Technology Officer Richard Thiessens to the added title of Executive Vice President.

“With evolving customer needs, technological advances, and a changing banking landscape, it’s crucial to have senior leaders with deep experience and knowledge to continue to drive innovation and provide differentiated solutions to our current and future customers. To that point, I am pleased to share the promotions of Robert and Richard to our executive leadership team,” stated Kent Landvatter, Chief Executive Officer and President of FinWise. “Both leaders have been instrumental in accelerating our strategic initiatives and I am confident that their commitment and extensive experience will contribute to FinWise fulfilling its mission to become an integrated Banking-as-a-Service provider.”

• Mr. Keil joined FinWise in 2023 as Senior Vice President and Chief Fintech Officer, leading existing customers, business line strategy, and growth initiatives within the bank’s Strategic Programs line of business. Mr. Keil holds over 25 years of experience in Payments and the Banking as a Service (BaaS) industry. Prior to joining the Bank, Mr. Keil was SVP and Chief Payments Officer at Sutton Bank. Prior to that, he served as Vice President of Fintech and Emerging Payments at Fiserv as well as various roles with US Bank and Wells Fargo.
  
  
• Mr. Thiessens joined FinWise in 2019 and has served as Senior Vice President and Chief Technology Officer since 2021 and has been responsible for creating and utilizing various forms of technology to deliver on the Bank’s strategic plans. He oversees the Company’s Information Systems, Cyber Security, Data Services and Project Management. Mr. Thiessens’ career spans more than two decades in Information Technology. Prior to joining FinWise, he co-founded Array Technology, an IT services and security consulting company that was rebranded to become Braintrace and ultimately acquired by Sophos. He also led the infrastructure, data and cyber security teams at EnerBank USA through rapid growth and significant change.
  

About FinWise Bancorp

FinWise Bancorp is a Utah bank holding company headquartered in Murray, Utah. FinWise operates through its wholly-owned subsidiary, FinWise Bank, a Utah state-chartered bank. FinWise Bank leverages strategic relationships with third-party loan origination platforms, proprietary loan analytics technology, and a seasoned management team to efficiently deliver innovative lending and Banking as a Service (BaaS) solutions to small businesses and individuals. FinWise currently operates a full-service banking location in Sandy, Utah. For more information on FinWise Bank, visit www.finwisebancorp.com.

Contacts

investors@finwisebank.com
media@finwisebank.com

FAQ

Who has been promoted to Executive Vice President at FinWise Bancorp?

Robert Keil and Richard Thiessens have been promoted to Executive Vice Presidents at FinWise Bancorp.

What is the ticker symbol for FinWise Bancorp?

The ticker symbol for FinWise Bancorp is FINW.

What are the roles of Robert Keil and Richard Thiessens at FinWise?

Robert Keil is the Chief Fintech Officer and Richard Thiessens is the Chief Technology Officer at FinWise.

What is the mission of FinWise Bancorp?

The mission of FinWise Bancorp is to become an integrated Banking-as-a-Service provider.

What is Robert Keil's background in the industry?

Robert Keil has over 25 years of experience in Payments and the Banking as a Service (BaaS) industry, previously serving as SVP and Chief Payments Officer at Sutton Bank.

What is Richard Thiessens' background in the industry?

Richard Thiessens has a career spanning more than two decades in Information Technology, co-founding Array Technology, which was later acquired by Sophos.