Leadership Update at Touchmark National Bank
In a strategic move to enhance its leadership, Touchmark Bancshares, Inc. has appointed
Robert E. (“Bobby”) Krimmel as its new
President and Chief Executive Officer. This announcement marks a pivotal change for the company, succeeding Dr. J.J. Shah, who has dedicated seven years to steering Touchmark National Bank.
Located in Alpharetta, Georgia, Touchmark National Bank is a community bank that has established itself as a crucial player in the local finance sector since its inception in 2008. As a holding company for Touchmark National Bank, Touchmark Bancshares is committed to providing tailored financial solutions that cater to the unique needs of the communities it serves, particularly in the north Fulton County area.
Krimmel’s Impressive Background
Bobby Krimmel comes to Touchmark from
First Farmers and Merchants Bank, where he held significant responsibility as the
Chief Administrative Officer and previously, the
Chief Financial Officer. His tenure at First Farmers was marked by a remarkable
56% growth in net income, an
8% annual average growth rate in core earnings per share, and a
5% improvement in operational efficiency. His extensive experience covers various essential aspects of banking, including accounting, treasury, information technology, risk management, and regulatory compliance.
Dr. Shah, who now transitions to the role of Chairman of Touchmark’s Boards, expressed gratitude for the support and collaboration witnessed during his tenure. He highlighted the positive trajectory of Touchmark under his leadership and emphasized his confidence in Krimmel’s ability to navigate the bank towards a new era of growth.
Vision for the Future
As Krimmel embarks on this new journey, he voiced aspirations to strengthen Touchmark's presence within its local markets.
“Touchmark National Bank resides in a vibrant area within the Atlanta metropolitan region, surrounded by over 600 technology firms and benefitting from an expanding economy,” he stated. His focus will be on enhancing the bank's offerings, especially in small business banking, which remains crucial for community resilience and economic health.
Krimmel's leadership philosophy underscores collaboration with the existing Touchmark team to elevate the bank's position in the marketplace, fostering relationships that will ensure lasting success. Byron Richardson, lead director of Touchmark Bancshares, echoes this sentiment by stressing the importance of developing local banking opportunities under Krimmel's stewardship.
Community Engagement
Krimmel's dedication to community extends beyond his professional role. Previously, he served as the
Treasurer for the Boys and Girls Clubs of South Central Tennessee and held leadership roles in various local organizations. His commitment to youth sports as a basketball coach showcases his involvement and passion for community service, further solidifying his alignment with Touchmark's mission of serving its communities responsibly and effectively.
Conclusion
As Touchmark National Bank prepares for a transformative phase under Bobby Krimmel, the focus on local engagement, strategic growth, and robust community banking remains at the forefront. With a solid foundation and new vision in place, the bank aspires to deepen its connections and enhance financial services, striving to meet the evolving needs of its clients.
For additional information on Touchmark Bancshares Inc. and the services it offers, please visit
Touchmark's Investor Relations.