DENVER – Native American Bank announced Sept. 26 that David M. Gilman has been appointed as president and CEO of NABNA effective Sept. 15. He was also appointed as a director of NABNA. Gilman’s appointment is subject to regulatory approval by the Office of the Comptroller of the Currency.
Gilman succeeds Donald McLean III, NABNA’s interim president and CEO since May 16. McLean will assume the roles of vice chairman of the board and interim chief lending officer, and will assist Gilman through a transition period. McLean remains a member of the NABNA board.
“Dave Gilman is a widely respected and distinguished professional in the banking industry,” said Elouise Cobell, co-chair of NABNA’s board of directors. “His 50-plus years of banking experience and extensive knowledge make him the ideal candidate to lead Native American Bank.
“The board is unanimous in its decision that Dave is the right person to provide sound leadership to build on NAB’s core strengths and manage NAB through the current environment. Dave will also help NAB fulfill its mission of providing Native American and Alaska Native individuals, corporations and governments the financial resources they need to reach economic sovereignty and self-determination.”
Gilman is a career banking executive, having held the positions of president and/or CEO at four regional community banks in the metropolitanDenver and Minneapolis markets – First National Bank of Colorado (Denver), Marine Bank (Bloomington), Fidelity Bank Northeast (Minneapolis) and Fidelity Bank (Minneapolis). Gilman has also served on the respective boards of each entity. His career has also included senior positions in multibillion-dollar regional and interstate banks.
During a 10-year stint at First National Bank of Colorado, Gilman developed and implemented a comprehensive strategic plan, instituted a business development and sales program, oversaw an almost 300 percent increase in the bank’s assets and upgraded lending, accounting and operational staff. While at Weststar Bank, Gilman served as executive vice president and chief credit officer and developed a new asset/liability management program; improved loan underwriting, monitoring and collection; designed a loan profitability analysis system; and designed a formal officer calling program.
Gilman said, “I am honored to have the opportunity to lead Native American Bank. Clearly there are challenges ahead, but I am encouraged by the quality of NAB’s employees, and their dedication to the bank’s mission. NAB is an institution with great strengths and potential. With the leadership of our board, our management team is taking decisive actions to face this challenging environment head-on and I am excited to have an opportunity to build on our past progress. I look forward to our ability to better serve the needs of Indian country through growth, profitability and service.”