PHOENIX, June 08, 2022 (GLOBE NEWSWIRE) — Chet Samuelson has been named CEO of the Arizona Market for BOK Financial effective July 11, 2022. Samuelson will assume the role upon the scheduled retirement of Dave Ralston, who served as Market Director since 2005. .
“Dave has been a big part of our presence in Arizona since we entered the market,” said Marc Maun, regional banking manager for BOK Financial. “BOK Financial remains focused on serving the needs of businesses, individuals and families in Phoenix, and we look forward to continuing to serve our community under Chet’s leadership.”
The change comes as current Market Director Dave Ralston, who has served as Market Director since 2005, announced his retirement on August 1, 2022. that our leadership team will continue to thrive under Chet’s leadership,” Ralston said. “I wish him and the whole team every success.”
Samuelson has more than 20 years of financial services experience, most recently as head of commercial banking in Arizona for Wells Fargo with responsibility for a $4 billion loan portfolio. Previously, he was Market President of Hillcrest Bank of Utah, part of NBH Bank, and Regional Vice President of the Eight State Mountain Division of Wells Fargo.
He earned a bachelor’s degree in business administration and an MBA from Weber State University. He currently serves on the boards of the Greater Phoenix Economic Council (GPEC) and the Phoenix Chamber of Commerce. He previously served on the boards of the Utah World Trade Center, the Boys and Girls Club of Utah, and the Mountain West Capital Network, among others.
“I’m thrilled to join BOK Financial, an organization that has the scale and reach to compete with much larger banks, but the commitment to service and community that makes it such a great local bank,” said Samuelson. “I look forward to working with the management team and continuing the success that Dave Ralston has created in the Phoenix market.”
Bank of Albuquerque is part of BOKF, NA, BOK Financial Corporation is a $47 billion+ regional financial services company headquartered in Tulsa, Okla. with over $101 billion in assets under management and administration. The company’s shares are listed on NASDAQ under the Global Select (BOKF) market listings. BOK Financial Corporation holdings include BOKF, NA; BOK Financial Securities, Inc.; BOK Financial Private Wealth; and BOK Financial Insurance, Inc. BOKF, NA operates TransFund, Cavanal Hill Investment Management, and BOK Financial Asset Management, Inc. BOKF, NA operates banking divisions in eight states: Bank of Albuquerque, Bank of Oklahoma, Bank of Texas, and BOK Financial (in Arizona, Arkansas, Colorado, Kansas and Missouri); as well as limited-use offices in Nebraska, Milwaukee and Connecticut. Through its subsidiaries, BOK Financial Corporation provides commercial and consumer banking, brokerage, investment, trust and insurance, origination and management of mortgage loans and an electronic transfer network of funds. For more information, visit www.bokf.com.