Texas Capital Bank, N.A. and Texas Capital Bancshares, Inc. Announce Executive Leadership Appointments
January 25, 2021 at 09:00 am EST
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Texas Capital Bank, N. A announced executive leadership appointments, effective immediately, to enhance the company’s depth of talent and support long-term strategy development. Nancy McDonnell has been appointed to the newly created position of Executive Vice President, Head of Treasury Services. In this role, Ms. McDonnell will lead all aspects of Texas Capital Bank’s treasury and liquidity businesses. Ms. McDonnell brings three decades of senior leadership experience, having served as Global Head of Commercial Banking Treasury & Security Services and other senior client roles at JPMorgan Chase & Co. until she retired in 2020. Tim Storms has been appointed to the newly created position of Executive Vice President, Head of Risk Transformation. Mr. Storms will provide strategic support to company risk management team including John Turpen, Chief Risk Officer. Mr. Storms worked at JPMorgan Chase & Co. and its predecessor firms for nearly 38 years, serving as Chief Credit Officer of Commercial Banking and most recently serving as Chief Risk Officer of Commercial Banking’s Real Estate businesses, until he retired in 2019. In his new role, Mr. Storms will be focused on maintaining an effective control environment for all Texas Capital Bank risk while reinforcing strong practices and discipline across the organization. Both Ms. McDonnell and Mr. Storms will report directly to Rob C. Holmes, President and Chief Executive Officer of Texas Capital Bank.
Texas Capital Bancshares, Inc. is a bank holding company. The Company, through its subsidiary Texas Capital Bank (the Bank), provides a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The Bank offers a full range of products and services, including commercial loans for general corporate purposes, including financing for working capital, organic growth, and acquisitions; real estate term and construction loans; mortgage warehouse lending; treasury management services, including online banking and debit and credit card services; investment banking and advisory services, and letters of credit. It also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest and non-interest bearing checking accounts; savings accounts; secured and unsecured loans; online and mobile banking, and investment banking, and advisory services.