Amegy Bank of Texas Names Laif Afseth President and Dave Stevenson as Houston Market President

HOUSTON, June 27, 2016 /PRNewswire/ -- Amegy Bank of Texas has named Laif Afseth as president of the Company and Dave Stevenson as market president of the bank's Houston region.

In his new position, Afseth will continue to maintain a significant role in defining and implementing Amegy's strategic direction, supervising risk management and managing several lending groups. Stevenson will be focused on market leadership and growing the bank's commercial, retail, business banking and private banking business in the greater Houston area.

"Adding these key positions to our organizational structure will reinforce and expand Amegy's commitment to decisive local leaders our clients value," said Amegy Bank of Texas Chief Executive Officer Steve Stephens. "Laif and Dave are seasoned leaders with a longstanding reputation in the banking industry. Their ability to exhibit thoughtful leadership, collaborate with other bank leaders and achieve results makes them valuable assets to our organization." 

Afseth has most recently served as executive director of Commercial and Industrial (C&I) Lending. He has also been responsible for management of Amegy's Regional Commercial Banking, Corporate Banking and Energy Group. He joined Amegy in 2003 as a commercial lender and has grown his career at the bank in commercial lending manager and syndicated finance manager roles. Prior to joining Amegy, Afseth worked for JP Morgan Chase and predecessor organizations for 12 years in the Syndicated Finance and Private Placements Group.

Afseth holds a Bachelors of Business Administration degree in Finance from the University of Texas at Arlington and a Masters of Business Administration from Texas A&M University. Active in the Houston community, he is a member of the Finance Committee of St. Luke's United Methodist Church and is a member of the Building Committee and Finance Committee of River Oaks Baptist School. Additionally, he served as chair of the bank's United Way campaign and is active in the ongoing annual campaigns.

Stevenson most recently served as an executive vice president and director of Private and Community Banking, responsible for the bank's Retail, Business, SBA and Private Banking divisions. He has 27 years of experience in the banking profession and joined Amegy Bank in 1991.Originally joining the bank as a vice president in Private Banking, he opened the first de-novo branch in Greenway Plaza. Following a three year departure from banking into private business, he returned to Amegy in 2003 as senior vice president, manager of commercial lending for the Southwest region, building a lending group that surpassed the $500 million mark in deposits and $300 million in loan commitments. He also serves as an executive sponsor of Amegy's Officer Development Program. Prior to joining Amegy, Stevenson worked with Allied Bank and Texas Commerce Bank in the Private Banking divisions.

Stevenson earned a Bachelors of Business Administration degree in Finance from Southwestern University in Georgetown, Texas. He currently serves on the Board of Pro-Vision Charter School and the Board of Harris County MUD 406.

About Amegy Bank of Texas
Amegy Bank of Texas, a division of ZB, N.A., a wholly owned subsidiary of Zions Bancorporation (NASDAQ: ZION), is a leading Texas bank with $14 billion in assets and about 1,600 employees. With more than 75 locations across Houston, Dallas, and San Antonio, Amegy is dedicated to serving Texas communities, families and businesses. Founded in 1990, Amegy has a strong tradition of relationship banking, local decision making and financial expertise. Amegy specializes in banking businesses of all sizes and has the resources to provide financing, treasury management solutions, international banking, as well as other specialized services. Equally important, the bank offers individuals and families a wide range of depository, lending, and mortgage solutions. Either directly or through its affiliates, Amegy offers wealth management, trust and brokerage services*.

To learn more about Amegy, visit www.amegybank.com or call 800-287-0301 for more information.

Member FDIC. Loans subject to credit approval, terms and conditions apply. NMLS#563474.

*Brokerage services are offered through Zions Direct., member FINRA/SIPC, a registered broker-dealer and subsidiary of ZB, N.A..

*Investment Products: NOT FDIC Insured, NO Bank Guarantee, MAY Lose Value.

SOURCE Zions Bancorporation