Madison-based AnchorBank has promoted Martha M. Hayes to executive vice president, chief risk officer, subject to regulatory approval. She joined the company in August, 2009.
"Martha’s leadership and her tireless focus on improving the management, analysis and monitoring of AnchorBank’s loan portfolio has led to substantial improvement in our ability to manage credit risk and address our troubled asset portfolio," said AnchorBank CEO Chris Bauer.
In addition to credit risk management, Hayes will oversee AnchorBank’s entire risk management process. Hayes worked previously at Merrill Lynch Business Financial Services in Chicago, where she served as President and Managing Director. While there, she was recognized for leading the turnaround of a $250 million revenue line of business for the company.
Commerce State Bank recently named Dave Stroik, President & CEO of Zimmerman Architectural Studios, to its board of directors.
“We are excited to have such a strong leader from a major, Milwaukee-based architectural firm with extensive knowledge of design, construction and project management join our board of directors. Dave Stroik strengthens our board and our company,” said Joe Fazio, Chairman and CEO.
“I have worked with Commerce State Bank executives since the bank opened and enjoyed watching it grow to over $300 million in total assets,” Stroik said. “They have a focused business plan and are achieving success by serving their clients. I am thrilled to become a member of the board of directors of such a successful company.”
MetLife‘s Milwaukee office has hired Scott Miller as a financial services representative.
Miller worked previously for Waukesha-based BKT Sentry Foods.
Sheboygan-based Commerce State Bank & Trust has hired Xiong Lee as an investment specialist in its CB Investment Services subisidiary.
Xiong worked previously as a client service consultant with Wells Fargo Advantage Funds, and as an investment review representative at SII Investments.