as CEO, as its longtime leader transitions into a new part-time role, the company announced Wednesday.has been in the position since 2008 and will move to a role in client development and recruiting talent in Texas as he transitions out of the top role at Bank of Texas, a division of Tulsa-based BOK Financial . Wade, who’s based in Dallas, will take the reins on Jan. 1, 2023.
“I am truly honored to have learned from Norm’s example and mentorship, and I am looking forward to following his example,” Wade said in a prepared statement. “It’s an exciting time to be in Texas, particularly as the company has reaffirmed its commitment to the state. I am excited about the future of our state and the role Bank of Texas will play in that growth.”
Wade has been at the company since 2001 and was named president and COO of Bank of Texas in 2008. He was alsocommercial banking division in 2020. Throughout his career, he launched the company’s health care banking division in Texas and formed the commercial finance group, which has expanded nationally.
About 33% of the bank’s loan portfolio and about 27% of deposits are based in Texas, per BOK Financial’s June investor presentation. Bank of Texas operates 20 branches in Dallas-Fort Worth.