MidWestOne announces new president and COO

Len Devaisher

By CBJ News Staff

MidWestOne Financial Group announced the appointment of Len Devaisher as president and COO for both MidWestOne Financial Group and MidWestOne Bank effective July 27.

Mr. Devaisher most recently was Old National Bank’s Wisconsin Region Chief Executive Officer. He has more than 19 years of banking experience with focused expertise in commercial banking and business development.

“Len has a record of superb accomplishment from his time at Old National. More importantly, he is a wonderful choice to lead and continue to develop our corporate culture. We have been impressed by the quality of his professional achievement as well as the quality of the person,” stated current President and CEO Charles Funk, who will continue in his role as CEO for MidWestOne Financial Group and MidWestOne Bank.

Mr. Devaisher has been committed to community development and is a member of the boards of directors for Madison Region Economic Partnership and Downtown Madison Inc. He is currently serving as vice president of resource development for United Way of Dane County. Earlier in his career, he spent three years in Tanzania as COO of Young Life Africa leading finance, human resources and legal compliance, and setting up the organizational infrastructure for affiliates across Africa. CBJ