BOK Financial in Tulsa, Okla., has named a new CEO for Bank of Texas.
The $45 billion-asset company said in a press release Wednesday that Mark Wade will take over the post on Jan. 1. He will succeed Norm Bagwell, who previously announced plans to retire.
“Norm Bagwell has been an important part of our company since he joined us in 2008,” Stacy Kymes, BOK Financial’s president and CEO, said in the release. “We are thrilled that he will continue to play an important role in client development and employee recruiting talent in Texas as he transitions out of the CEO role.”
Wade joined BOK Financial in 2001 as the Dallas corporate banking manager for Bank of Texas. He helped to launch the company’s health care banking division and formed the commercial finance group.
Wade has been Bank of Texas’ president and chief operating officer since 2008. He is also executive director for BOK Financial’s commercial banking business line.