Business
GBank Financial Holdings Inc Pleased to Announce that GBank Appoints New Chief Risk Officer
LAS VEGAS, May 9, 2024 /PRNewswire/ -- GBank Financial Holdings Inc. (the "Company") (OTCQX: GBFH), the parent company for GBank (the "Bank"), is pleased to
About this update from Gbank Financial Holdings Inc.
[{"type":"text","content":"LAS VEGAS, May 9, 2024 /PRNewswire/ -- GBank Financial Holdings Inc. (the \"Company\") (OTCQX: GBFH), the parent company for GBank (the \"Bank\"), is pleased to announce that Scot M. Levine has been appointed Executive Vice President and Chief Risk Officer (CRO) of GBank, effective April 29, 2024. In his role as CRO, Mr. Levine will oversee the Company's and Bank's comprehensive risk management framework, ensuring the identification, assessment, and mitigation of financial and operational risks across all divisions, including regulatory compliance, lending practices, deposits, privacy, digital marketing, and more.\n\nScot Levine brings to GBank a wealth of expertise and a robust background in risk management and corporate compliance. With a Juris Doctorate from the John Marshall Law School (now UIC) in Chicago, IL, and admitted to the IL Bar in 2010, Mr. Levine has dedicated over 14 years to honing his skills in the financial sector. His career spans significant roles where he specialized in Compliance Management Systems (CMS), developing risk assessments and controls, compliance testing, audit programs, and effectively handling regulatory examinations and vendor management. Before his arrival at GBank, Mr. Levine demonstrated exceptional leadership and strategic foresight at prominent financial institutions, significantly contributing to the enhancement of their risk management and compliance infrastructures.\n\"Scot's extensive experience and deep understanding of both the opportunities and challenges in the financial industry make him the ideal choice for this critical role at GBank. His track record of implementing effective risk management strategies will be invaluable as we continue to navigate the complexities of the financial landscape and uphold our commitment to operational excellence,\" remarked T. Ryan Sullivan, President and CEO of GBank Financial Holdings Inc.\nEdward M. Nigro, Executive Chairman of GBank Financial Holdings Inc., also commented, \"We are confident that Scot's proven Risk Management expertise shall be key to our growth while safeguarding the interests of our clients and stakeholders.\"\nMr. Levine expressed his enthusiasm about joining the GBank team, stating, \"I am excited to contribute to GBank's renowned legacy of innovation and client service. I look forward to working with the team to further ...