Veteran Finance and Banking Industry Leader Latest Addition to Executive Team
Sonata Bank, together with Sonata Financial Holdings, announces it has hired Dana Litman as its Executive Vice President and Chief Financial Officer (CFO). As the latest addition to the leadership team, Litman most recently served as Interim CFO at Sonata Bank, guiding the bank through a period of reorganization and strategic realignment. He has more than 30 years of financial services experience in accounting, risk management, information technology and operations with banks, holding companies, fintechs and companies that provide bank software and services to the banking industry.
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We welcome Dana to the leadership team to strengthen Sonata Bank’s performance in the market and reach our growth targets. He already has contributed incredible value during our strategic planning process to create a new and exciting vision for the bank.
“We welcome Dana to the leadership team to strengthen Sonata Bank’s performance in the market and reach our growth targets,” said Wendell Bontrager, CEO, Sonata Bank. “He already has contributed incredible value during our strategic planning process to create a new and exciting vision for the future of the bank.”
Previously, Litman was CFO at Community Bankshares, Inc., located in West Georgia, where he led initiatives in liquidity management, capital planning and sponsor banking. Prior to that, he spent nearly 20 years at Quantum National Bank in the Atlanta area where he served as Executive Vice President, CFO and Chief Risk Officer leading finance, IT, risk management and the treasury services and retail functions, earning top ratings for the bank for six consecutive years. Litman has held senior financial leadership positions at United Community Bank, Caprock Energy and Allmerica Financial as well as other insurance and financial institutions.
He earned a Bachelor of Science in Business Administration – Accounting from Bryant University in Smithfield, Rhode Island. Litman has been an active member of the Georgia Bankers Association, serving on the Asset Liability Committee, CFO Roundtable and Basel III Committee.
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