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Nelson to Join American Bankers Association Board of Directors

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West Bancorporation, Inc. (Nasdaq: WTBA) announced that Dave Nelson, its Chairman & CEO, has joined the American Bankers Association (ABA) Board of Directors. Nelson, who previously served on the Iowa Bankers Association Board and its Chair, will begin a three-year term starting October 2021. The ABA represents banks of all sizes in the U.S. This leadership role underscores Nelson's commitment to the banking industry.

West Bancorporation operates West Bank, focusing on lending and deposit services in Iowa and Minnesota, with a history dating back to 1893.

Positive
  • Dave Nelson's appointment to the ABA Board may enhance his influence and West Bank's visibility in the banking sector.
  • Strengthened leadership might lead to improved strategic direction and networking opportunities.
Negative
  • Potential concerns about continuity in leadership at West Bank due to Nelson's additional commitments.

WEST DES MOINES, Iowa, Sept. 27, 2021 (GLOBE NEWSWIRE) -- West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, announced that Dave Nelson, Chairman & CEO of West Bank, will be joining the American Bankers Association (ABA) Board of Directors. The American Bankers Association is the banking industry’s National Trade Association representing banks of all sizes across America.

Nelson previously served on the Iowa Bankers Association Board of Directors for several years, including serving in the role of Chairman. Nelson has also served on several ABA committees. Nelson is one of six bankers from across the nation joining the ABA Board of Directors for a 3 year term that begins in October 2021.

About West Bancorporation, Inc. (Nasdaq: WTBA)

West Bancorporation, Inc. is headquartered in West Des Moines, Iowa. Serving customers since 1893, West Bank, a wholly-owned subsidiary of West Bancorporation, Inc., is a community bank that focuses on lending, deposit services, and trust services for consumers and small- to medium-sized businesses. West Bank has seven offices in the Des Moines, Iowa metropolitan area, one office in Coralville, Iowa, and four offices in Minnesota in the cities of Rochester, Owatonna, Mankato and St. Cloud.

For more information contact:
Doug Gulling, Executive Vice President, Treasurer and Chief Financial Officer (515) 222-2309


FAQ

What is the significance of Dave Nelson joining the ABA Board for WTBA?

Dave Nelson's appointment to the ABA Board may improve West Bank's industry influence and strengthen its strategic initiatives.

When does Dave Nelson's term on the ABA Board start?

Dave Nelson's three-year term on the ABA Board begins in October 2021.

How might Nelson's leadership role impact West Bancorporation?

Nelson's role can enhance West Bancorporation's visibility and networking in the banking industry, potentially benefiting the company's growth.

West Bancorporation

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Banks - Regional
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United States of America
WEST DES MOINES