Simmons First National: Veteran tech executive Ann Madea to join Simmons Bank – October 6, 2021
Little Rock, Ark. – Simmons Bank (Simmons) today announced that veteran financial services technology executive Ann Madea will join the bank, becoming Executive Vice President and Chief Information Officer (CIO), where she will be responsible for the bank’s overall information technology strategy and operations.
Madea has over 25 years of technology experience, including the last 17 years at HSBC, one of the world’s largest banking and financial services organizations with operations in 64 countries and territories. During her career at HSBC, Madea has held various leadership positions with increased responsibilities, including the past four years as Executive Vice President and US CIO. differentiate the customer experience and the activation of the company.
“We are very pleased to welcome a highly respected industry veteran like Ann to the Simmons Bank team,” said George A. Makris, Jr., President and CEO of Simmons. “The knowledge and expertise Ann brings to the table will be a huge asset in helping us implement industry best practices and stay ahead of the game. Through his leadership, we will continue to advance our technology platform, which is an essential part of delivering an exceptional customer experience. ”
Passionate about women and girls in tech, Madea was most recently the Executive Sponsor of the Summer Immersion Program for ‘Girls Who Code’, a non-profit organization that aims to increase the number of women in IT. . She is also a frequent speaker, mentor and coach dedicated to the advancement of women in business and technology. Madea holds a Bachelor of Science degree from the University of Illinois Chicago (UIC) and serves on the UIC College of Engineering Advisory Board.
Over the next few months, Madea will work closely with current Executive Vice President and CIO, Paul Kanneman, in the transition to his new role. After the transition, Kanneman will continue with the bank to use his technology and business strategy expertise in a strategic research-driven role associated with the identification, review and assessment of emerging technologies, while providing his experience on future merger and acquisition activities.
“Under Paul’s leadership, we have exponentially improved our technological capabilities, which has enabled us to better meet the evolving needs of our customers,” said Bob Felhman, President and COO of Simmons. “We are very pleased that Paul continues to share his knowledge and insight into emerging technologies with potential benefit to the bank, while this new role also gives him time to tackle an important long-term family medical challenge. ”
Kanneman began working with Simmons in 2014 as an advisor at Grant Thornton, LLP. In 2016, he supported the bank in developing its first five-year technological roadmap. After retiring from Grant Thornton, Kanneman joined Simmons in 2017 as Executive Vice President and CIO.
Since joining the bank, Kanneman has been instrumental in leading the bank’s technology modernization program, known as the Next Generation Banking initiative (NGB). As part of this program, the bank has successfully deployed new / improved platforms and / or capabilities in areas such as: mobile banking, commercial lending, cash management, financial crime, financial management and human resources. Within NGB, he also led the complete overhaul of the bank’s telecommunications infrastructure, data communications network and cybersecurity technology infrastructure. Kanneman also helped develop and install the bank’s first data warehouse capability that integrated data analytics across lines of business and led the bank’s transition to a ‘Cloud First’ strategy for the bank’s basic technological processing systems. As chairman of the bank’s crisis management committee, he helped lead the bank in its response to the COVID-19 pandemic.
About Simmons Bank
Simmons Bank is a wholly owned subsidiary of Simmons First National Corporation (NASDAQ: SFNC), a Mid-South-based financial holding company with approximately $ 23.4 billion in assets as of June 30, 2021. Simmons Bank operates 198 branches , including 68 in Arkansas, 48 in Missouri, 33 in Tennessee, 23 in Texas, 20 in Oklahoma and 6 in Kansas. Founded in 1903, Simmons Bank offers comprehensive financial solutions with a customer-centric approach. Simmons Bank was recently appointed to Forbes magazine list “The best banks in the world” for the second year in a row and ranked among the top 30 banks in Forbes’ list of “The best banks in America” for 2021. Additional information on Simmons Bank is available on our website at simmonsbank.com, Next @Simmons_Bank on Twitter or by visiting our writing.
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