By Marie Browning
Triumph Bancorp, Inc., a financial holding company, announced the promotion of Dan Karas to Chief Lending Officer of its Dallas-based banking subsidiary, Triumph Savings Bank, SSB, effective July 1, 2014. In his new role, Karas will oversee Triumph’s lending operations. Karas succeeds Davis Deadman.
Karas first served Triumph as Executive Vice President – Asset Based Lending for Triumph Commercial Finance in 2012. He has more than 30 years of experience in all aspects of commercial finance. Prior to joining Triumph, Karas held the position of Executive Vice President and Managing Director of Marquette Business Center, where he led the company’s general factoring business and marketing for its asset-based lending platform. Also included in his career history is serving Bank of America, and GE Commercial Finance/Heller Financial as Managing Director of the Corporate Lending Group, then the Enterprise Client Group, and finally the Energy Financial Services.
At present, Karas is the Chairman of the Education Committee of the Commercial Finance Association. He is a seasoned growth leader who developed and implemented strategic and tactical plans which built effective teams across a broad range of debt products, geographies and industries. He earned his Bachelor of Science degree in Finance and Management from Temple University and his Master of Business Administration from the Leonard N. Stern School of Business at New York University.
About Triumph Bancorp, Inc.
Based in Dallas, Texas, Triumph Bancorp, Inc. is a financial holding company involved in wholesale banking, commercial finance, and investment management. Members of the Triumph Bancorp, Inc. group are Advance Business Capital, Triumph Savings Bank, Triumph CRA Holdings, Triumph Commercial Finance and Triumph Capital Advisors. Additional information can be found at the company’s website at www.triumphbancorp.com.