Iowa Bankers Association (IBA) president and CEO John Sorensen is retiring after 38 years with the company, during which time it become the largest state banking association in the U.S, a news release said.
“It has been an honor to serve Iowa bankers for nearly four decades. The IBA is a unique 137-year partnership of professional staff and volunteer bankers working for the common good,” said Mr. Sorensen, who has served as the bank’s president and CEO since 1997. “I am grateful for the opportunity to work with and learn from some incredibly talented, hard working people dedicated to creating jobs and growing Iowa’s economy.”
The organization boasts 265 member banks spanning almost every Iowa community, with 98% of Iowa banks and numerous industry-related service providers among its members, the news release said.
During his tenure, Mr. Sorensen has chaired the national Alliance of State Banking Associations, the Graduate School of Banking at the University of Wisconsin and the Iowa Society of Association Executives.
In addition, he has served on many community and economic development organizations, including the boards of the American Bankers Association, SHAZAM Inc., the Iowa Business Council, and the Iowa PBS Foundation, and is an executive
advisory board member emeritus of the University of Northern Iowa’s David W. Wilson College of Business and a past recipient of the Iowa Association of Business and Industry’s Leadership for Iowa Award.
“As a leader, John has displayed an unwavering commitment to the advancement of community banking across Iowa and throughout our industry,” said Mary Kay Bates, IBA board chair and president and CEO of Bank Midwest, Spirit Lake. “His retirement leaves big shoes to fill but also provides an opportunity for us to build upon the strong foundation he has laid. His upcoming retirement is both a moment of reflection and a time to celebrate his many achievements in shaping the future of the Iowa Bankers
Association.”
Comprehensive human resources advisory services firm The QTI Group is leading the search for the new president and CEO. Mr. Sorensen retires at year-end 2024.
Inquiries for this position may be submitted to The QTI Group at https://www.qtigroup.com/job-posting/president-ceo/BH99561236.
