Daily News: May 28, 2014

Triumph Promotes Karas to Chief Lending Officer

Triumph Bancorp, a financial holding company with interests in community banking, commercial finance and investment management, announced a series of management assignments.

Dan Karas has been named chief lending officer of Triumph’s Dallas-based banking subsidiary, Triumph Savings Bank, SSB, effective July 1, 2014. In this role, Karas will oversee Triumph’s lending operations.

Karas joined Triumph in 2012 as EVP – Asset Based Lending for Triumph Commercial Finance with more than thirty years’ experience in all aspects of commercial finance. Prior to joining Triumph, Karas served as EVP and managing director of Marquette Business Credit, where he led Marquette’s general factoring business as well as marketing for its asset based lending platform.

He previously served with GE Commercial Finance/Heller Financial as managing director of the Corporate Lending Group, then the Enterprise Client Group and finally Energy Financial Services. Karas is currently a member of the Commercial Finance Association Executive Committee and serves as chairperson of the organization’s Education Committee.

Karas succeeds Davis Deadman, who has served as chief lending officer of Triumph Savings Bank since 2012. Deadman also serves in the leadership function of Triumph Capital Advisors, Triumph’s investment management platform. Deadman will continue to serve in this role as well as remaining a member of Triumph’s loan committee.

Ray Sperring, who joined Triumph in 2012, will have expanded responsibilities in Triumph’s commercial real estate lending platform.

Aaron P. Graft, CEO remarked, “We are very excited to promote Dan to serve in the role of chief lending officer. He has extensive experience in the development of commercial finance platforms and is well suited to bring that expertise to all areas of Triumph’s lending operations.”