BOK Financial (BOKF) names Chet Samuelson as next Arizona market CEO – Phoenix Business Journal – The Business Journals

Spread the love

BOK Financial’s longtime Arizona market CEO is retiring, and the Tulsa, Oklahoma-based bank has already named his replacement. 
Chet Samuelson will move into the role of Arizona market CEO for BOK Financial (Nasdaq: BOKF) on July 11. He will replace the retiring Dave Ralston who has served as market CEO since 2005.
“Dave has been an important part of our Arizona presence since we first entered the market,” Marc Maun, BOK Financial regional banking executive, said in a statement. “BOK Financial remains focused on serving the needs of businesses, individuals and families in Phoenix, and we look forward to continuing to serve our community under Chet’s leadership.” 
Samuelson has more than 20 years of experience in banking. He most recently served as the Arizona commercial banking leader for Wells Fargo, managing a $4 billion loan portfolio. He also previously served as market president for Utah’s Hillcrest Bank, which is part of NBH Bank, and as regional vice president for Wells Fargo’s eight-state mountain division.
“I am excited to join BOK Financial, an organization that has the breadth and scope to compete against much larger banks but the commitment to service and the community which makes them such a good local bank,” Samuelson said in a statement. “I look forward to working with the leadership team and continuing the success that Dave Ralston has created in in the Phoenix market.”
Samuelson earned a bachelor’s degree in business administration and MBA from Weber State University in Ogden, Utah. He currently serves on the Greater Phoenix Economic Council and Phoenix Chamber of Commerce boards. He previously served on the boards for Utah World Trade Center, Boys and Girls Club of Utah, and Mounting West Capital Network, among others. 
Ralston will officially retire later this summer.
“I am proud of what we’ve built in Arizona and am confident that our leadership team will continue to thrive under Chet’s leadership,” he said in a statement. “I wish him and the entire team great success.” 
BOK Financial Corp. is a more than $47 billion regional financial services company, with more than $101 billion in assets under management and administration. The bank operates in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, Kansas and Missouri. BOK Financial is one of the largest operating in the Valley with $1.82 billion in Phoenix-area deposits as of June 30, 2021, according to Business Journal research.
Join us as we honor Phoenix’s 40 Under 40 Honorees at this energetic virtual awards program!
The Phoenix Business Journal’s Small Business Awards awards recognize excellence among entrepreneurs and small businesses in Phoenix. Honorees will be selected based on a number of factors, including financial performance, historical achievements, contributions to industry, contributions to the local economy and potential to shape Phoenix’s business community.
© 2022 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated January 1, 2021) and Privacy Policy and Cookie Statement (updated July 1, 2022). The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals.


Leave a Reply

%d bloggers like this: