Bank of Utah announces key executive leadership appointments: Lacey Sansavera has been promoted to executive vice president, chief banking officer and Justin Nalder has been hired as executive vice president, chief strategy & innovation officer.
“As we continue to position Bank of Utah for growth and success in an evolving industry, these appointments will enhance efficiency and innovation across our operations,” said Branden Hansen, president of Bank of Utah. “These changes support the bank’s commitment to strategic alignment, scalable operational excellence and sustained growth.”
In her role, Lacey Sansavera will drive the strategic direction, growth and profitability of the bank’s deposit products and operations. She will lead all deposit channels, including the branch network, digital banking, treasury management, and deposit operation functions. Sansavera will focus on developing new revenue opportunities, optimizing the client experience and continuing innovation in banking services, all while managing risk and ensuring regulatory compliance.
Sansavera is an experienced banker with almost two decades of experience, specializing in core system technology, deposit operations, retail banking, e-banking and consumer lending.
Justin Nalder brings 27 years of diverse experience to his new role. He will oversee the bank’s strategic planning process and lead innovative cross-departmental initiatives. He will also lead IT, data engineering and advanced analytics, AI, marketing and communications, project management and information security.
Nalder’s professional journey spans various industries, including retail operations, franchising, licensing, catalog, call centers, business process outsourcing and inside sales. His functional expertise includes sales, real estate selection, retail construction, human resources, information technology, advanced analytics, corporate governance and more. Outside work, he enjoys spending summers in Island Park, Idaho, where he and his family enjoy outdoor activities such as ATV trail riding, boating and hiking.
About Bank of Utah
Whatever your Utah is, Bank of Utah provides all the financial tools and guidance you need to achieve your business and personal financial goals. Bank of Utah was established in 1952 in Ogden, Utah, by the Frank M. Browning family and has since grown to approximately 400 employees and over $3 billion in assets. Bank of Utah is one of the top banks in the U.S., ranking in the top 9% for total assets and the top 8% for net income. With the personal touch of a community bank, Bank of Utah answers your calls, greets you in person and offers the most up-to-date online and mobile banking innovations. The Bank has 18 full-service branches throughout Utah, trust teams in Ogden and Salt Lake City, and mortgage offices in Logan, Price, Vernal and St. George. Offering business and personal banking, mortgage and commercial lending, and trust services, Bank of Utah is dedicated to helping our neighbors and local businesses thrive, now and for years to come. Together, we are Utah. For more information, call 801-409-5000 or visit bankofutah.com.
Contact Information:
Mark Fredrickson
SnappConner PR
801-806-0161