Integro Bank in Phoenix has made a switch at the top.
The bank said in a press release that Jim Malerba had become acting CEO. Malerba, a retired accountant, is on Integro’s board.
Malerba succeeded Thomas Inserra, who concluded his tenure with the bank on Dec. 31.
“Integro Bank is entering its next chapter from a position of strength,” Rick Schobert, Integro’s chairman, said in the release. “We have built an impressive platform for sustainable growth, and Jim’s experience and leadership will support the bank’s momentum in this next stage of growth while maintaining the conservative risk culture that has defined our success.”