Kenneth R. Hanks Named CFO of NexBank Capital, Inc.

DALLAS, Nov. 19, 2012 /PRNewswire/ -- Kenneth R. Hanks has been named Chief Financial Officer of NexBank Capital, Inc. and its banking subsidiary, NexBank SSB. With nearly three decades of experience in the banking and financial services industry, Hanks will oversee financial management, information technology and operations for NexBank and financial matters for the organization's broker-dealer and investment banking subsidiary, NexBank Securities, Inc./Barrier Advisors.

"Ken has shown he can create top-line revenue growth, expand market share, streamline internal efficiencies and increase profitability," said John Holt, NexBank Capital's Chief Executive Officer. "His deep industry experience, combined with his proven ability as a leader will play significant roles in our future growth and expansion."

Hanks' experience includes a variety of leadership, strategic and external board positions.  Prior to joining NexBank, Hanks served as Executive Vice President and Chief Financial Officer of SWS Group, Inc..  He currently serves as a Board Member and Audit Committee Chair to Peerless Manufacturing. 

Hanks will fill a critical role in the development of NexBank Capital's growth strategy to expand into new service areas and enhance its existing offering to clients.  He will support the strategy's dual focus, executing both organic and acquisition growth initiatives.

Hanks holds a BBA in finance and an MBA from the University of Texas at Austin. He is a Certified Public Accountant, a member of the National Association of Corporate Directors (NACD) and an arbitrator for the Financial Industry Regulatory Authority (FINRA). 

About NexBank Capital, Inc.:
NexBank Capital is a fully integrated financial services organization comprised of NexBank SSB, a Dallas-based bank originally established in 1922; NexBank Securities Inc., the company's broker-dealer unit; and Barrier Advisors, a provider of investment banking, restructuring and operational improvement services for middle-market companies.

SOURCE NexBank Capital, Inc.