Posted 10/7/2013 12:00 am
Tyler Vance has been promoted to chief operating officer at Bank of the Ozarks Inc.
Vance grew up in Cabot, where he graduated from Cabot High School. He earned an accounting degree from Ouachita Baptist University in 1996 and began auditing banks as a staff accountant for Deloitte in Little Rock.
He joined Community Bank of Cabot (now Centennial Bank) in 2001 and was its CFO when he joined Bank of the Ozarks as a senior vice president in 2006. He was hired, according to EVP Susan Blair, with the expectation that he would eventually succeed Mark Ross as COO when Ross chose to wind down his banking career. In 2011, Vance was named chief banking officer. He was also a member of Arkansas Business' 40 Under 40 that year.
Vance will retain his title as he adds the job of chief operating officer. He will oversee a broad range of duties, including information technology and security, retail banking, treasury management, deposit pricing, deposit operations, internal audit, marketing and training. In addition, he is responsible for oversight of Bank of the Ozarks’ banking operations in Arkansas and Texas.