Western Alliance Bank announced today that the founding CEO of Alliance Bank of Arizona, James H. Lundy (Jim), will retire on March 31, 2017. Don H. Garner, also a member of the organization's original management team, becomes the new CEO of Alliance Bank of Arizona, effective Jan. 1, 2017. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161118005042/en/
James H. LundyCEO, Alliance Bank of Arizona (Photo: Business Wire)
A force in the Arizona business community and an accomplished banker, Lundy helped build a start-up bank in 2003 into the fourth largest banking organization in Arizona. Alliance Bank of Arizona is a dynamic part of $17 billion Western Alliance Bancorporation, the Phoenix-based financial services company with five geographically managed banking divisions and 10 national business lines across the country. "I'm proud of the team we've built, the ability we showed in navigating the financial crisis and the success we have helped fuel for so many business clients across Arizona," said Lundy. "Our customers will always be at the core of Alliance Bank of Arizona, and Don Garner brings tremendous credentials and great experience to the task of leading this client-focused organization." Lundy has made significant contributions to the broader business community in Arizona. He is past chair and current board member of the Greater Phoenix Economic Council (GPEC), immediate past Chair of the Catholic Community Foundation, Secretary of the Phoenix Civic Improvement Corporation and recently completed a three year term on the FDIC Community Banking Advisory Council. He was also past Chair of the Arizona Bankers Association. Lundy also has helped spearhead the issue of high-quality, accessible education across the state. "I have had the personal privilege to have worked with Jim since 1991; he has been a great mentor and partner to me and for many others at Western Alliance," said Robert Sarver, Chairman and CEO of Western Alliance Bancorporation. "Jim led the formation of Alliance Bank and its growth for the last 13 years. His myriad talents and true commitment have helped us to build an exceptional banking enterprise, and Jim's strong leadership and integrity also have shaped his active involvement in the civic and business life of our community. We would not be where we are today without Jim and I am very grateful for his service."