FinWise Bancorp, a prominent player in the fintech banking solutions arena, has made significant strategic appointments to its leadership team, signaling a pivotal moment in its growth trajectory.
On March 28, 2024, the parent company of FinWise Bank announced the appointment of Jim Noone as President of FinWise Bancorp, alongside the hiring of Robert Wahlman as Chief Financial Officer, effective immediately. These appointments underscore the company's commitment to fortifying its leadership amidst its expansion plans.
Noone, previously serving as president of FinWise Bank, brings over two decades of comprehensive financial services experience to his new role. Since joining the bank in February 2018, Noone has showcased his expertise, having held positions such as executive vice president and chief credit officer. His diverse background encompasses commercial banking, investment banking, and private equity, making him a valuable asset to FinWise Bancorp.
Wahlman joins FinWise with an impressive track record spanning over 35 years in the banking industry, including nearly two decades as chief financial officer of various private and publicly listed bank holding companies. Notably, Wahlman played a pivotal role in restoring profitability during his tenure as chief financial officer of Axiom Bank and Axiom Bancshares, Inc. His extensive experience in leading finance teams and navigating public company reporting responsibilities positions him well to contribute to FinWise's growth trajectory.
Kent Landvatter, Chief Executive Officer of FinWise, expressed optimism about the strengthened leadership team, emphasizing the strategic importance of these appointments as the company gears up for its next phase of growth. Landvatter acknowledged the contributions of outgoing CFO Javvis Jacobson, who will transition to the role of Treasurer, highlighting his role in the company's initial public offering and strategic initiatives.
In response to his appointment, Wahlman conveyed his enthusiasm for joining FinWise at a crucial juncture, emphasizing his commitment to executing the company's vision as an innovative fintech banking solutions provider.
FinWise's strategic direction aligns with its commitment to reshaping the banking value chain through fintech enablement. With upcoming launches of Payments Hub and BIN Sponsorship offerings, the company aims to solidify its position as an integrated fintech banking solutions provider. Leveraging scalable API-driven infrastructure, FinWise's Strategic Program Lending business powers deposit, lending, and payments programs for leading fintech brands while also managing other lending programs such as SBA 7(a), Real Estate, and Leasing.
FinWise Bancorp's recent leadership appointments signify a pivotal moment in its growth journey, poised to capitalize on emerging opportunities in the fintech banking landscape. With Noone and Wahlman at the helm, the company is well-positioned to achieve its strategic objectives and cement its status as a premier player in the industry.
