Southern Bancorp Bank of Arkadelphia on Tuesday announced the promotion of Lee Reddmann to chief credit officer.
He succeeds Jimbo Boyd, who had held the role since 2018.
Boyd will shift to a role as executive vice president of credit, providing transitional support and guidance as he plans for his eventual retirement, the bank said in a news release.
Reddmann joined Southern Bancorp in 2018 as director of planning & metrics, where his leadership and analytical expertise helped shape Southern Bancorp’s credit strategy and performance over the years.
In his new role as chief credit officer, Reddmann will oversee Southern Bancorp’s credit policies, risk management strategies and lending practices, ensuring alignment with the bank’s mission to balance profits with its purpose to create economic opportunity in underserved communities.
“Lee’s deep understanding of our mission, combined with his strategic mindset and commitment to responsible lending, makes him an ideal leader for this role,” John Olaimey, president and CEO of Southern Bancorp Bank,” said in the release.
Sign up for Daily E-news
