Olena Lifset, global commercial banking market executive at Bank of America, will become the bank’s new Oklahoma City president. She succeeds Tony Shinn, who successfully led the market since 2008, and is retiring after 20 years with the company.
As president and head of the market, Lifset will connect clients, teammates and communities to the full power of the franchise and drive collaboration across the company’s eight lines of business. She will oversee Bank of America’s efforts to grow market share in Oklahoma City by fostering local connections and identifying opportunities to grow and deepen relationships.
“Olena’s established leadership and experience will ensure we’re delivering on our responsible growth strategy to deepen relationships with teammates, clients and the community,” Brian Moynihan, chair of the board and CEO of Bank of America, said. “Olena will build on Tony’s success and continue to grow our market share in Oklahoma City, delivering the full breadth of Bank of America’s capabilities to help our local clients improve their financial lives. We thank Tony for his remarkable 20 years of service with the company.”
Lifset has nearly 25 years of experience in commercial banking, capital markets and management consulting. She leads a team of commercial banking professionals serving middle market companies across Oklahoma, Arkansas and Louisiana, driving growth through disciplined resource allocation, talent development, strong client service and market collaboration.
Lifset is committed to engaging with teammates and the community. She has held several leadership roles and has served on numerous civic and professional boards, including her current role on the Greater Oklahoma City Chamber of Commerce advisory board and the Chartered Financial Analyst (CFA) Society Oklahoma, where she served as president. In 2025, she was included among Oklahoma City’s Journal Record Power List for Women in Accounting, Banking and Finance.
Olena holds a master of accountancy from the University of Oklahoma and a bachelor of arts in economics and business and international affairs from Lafayette College. She is a CFA charter holder and holds FINRA Series 7, 63 and 24 licenses.
