Triumph Bancorp Inc. (TBK) announced May 6 that Todd Ritterbusch has been appointed chief lending officer of its subsidiary, TBK Bank SSB Ritterbusch has more than 17 years of banking experience, most recently at JPMorgan Chase, where he served as managing director, market executive, commercial banking in Fort Worth. Prior to that, he held a variety of leadership roles at JPMorgan Chase across its commercial banking and business banking lines of business.
“TBK has established an impressive track record of profitable growth in each of its lines of business. I look forward to working with the rest of the leadership team and all of our team members to further accelerate the company’s growth while reinforcing the company’s credit discipline,” said Ritterbusch.
Ritterbusch will report to Aaron P. Graft, CEO of the Dallas-based company and the bank. As a member of the bank’s executive management team, Ritterbusch’s primary responsibilities will be to oversee the management, direction and development of the bank’s lending lines of business.
“We welcome Todd to our leadership team,” said Graft. “His experience will be a great benefit to us going forward and we believe that Todd is a great cultural fit for TBK Bank.”
Ritterbusch began his career at IBM Corporation and served as an engagement manager for McKinsey & Company with clients in the United States, Canada, Australia, New Zealand, Taiwan and Singapore. Ritterbusch holds a Bachelor of Science in Engineering from Purdue University and a Master of Business Administration from the Kellogg School of Management and a Master of Engineering Management from the McCormick School of Engineering at Northwestern University. He currently serves on the boards of Cook Children's Healthcare Foundation, Cook Children's Health Plan and Leadership ISD.
Dam Karas, who previously served as the Bank’s chief lending officer, will remain on as executive vice president, lending.
TBK Bank, SSB, is a Texas-state savings bank offering commercial and consumer banking products focused on markets in Texas, Colorado, Kansas, New Mexico, Iowa and Illinois.