Quad City Bank & Trust Announces the Retirement of Chief Executive Officer, John Anderson

Quad City Bank & Trust announces the retirement of CEO John Anderson. John A has been in the banking industry for 40 years, having spent 26 of them at QCBT, and 17 of those as CEO of QCBT. 

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Under Anderson's leadership, QCBT has enjoyed significant growth and prosperity. When he first took the helm in 2007, QCBT had a total asset size of $600 million, which had grown to $2.6 billion today. QCBT has also greatly expanded its market share from #10 in 2007 to its #1 spot today with over 20% market share. QCBT's Trust Department has also experienced significant expansion with $5 billion in assets under management and $5 billion in safekeeping assets. With this growth, employee headcount has also increased to 155 employees today. "Watching the banking industry transition and change has been amazing, but the one thing that has not changed it how we work with clients and support their financial needs. I believe a banker is a dream-maker for their clients and I have had a front row seat watching that happen," said Anderson. 

Anderson has been extremely active in the Quad Cities community throughout his entire career. Serving the community has been a core belief for Anderson having served on such Boards as St. Ambrose University, Genesis Foundation, Vera French, Community Foundation and the Diocese of Davenport Foundation, among numerous others. "It has been an amazing journey from my first job as a cash vault teller at Davenport Bank to serving as CEO of QCBT for the past 17 years. I have been able to witness the impact that a community bank has on the community, and it has been a gift. Watching the Quad Cities grow and prosper has been a personal blessing for me," said Anderson. 

Anderson's retirement will become official as of January 3, 2025, when Laura "Divot" Ekizian will take over as President and Chief Executive Officer. Anderson will continue to work with QCBT to ensure a smooth transition. Ekizian has served as President and Chief Relationship Officer for QCBT for the past 4 years of her 24-year tenure at QCBT. "While I am excited and honor to serve QCBT in the role as President and CEO, I am also mindful of the legacy John A has impacted on this company," said Laura "Divot" Ekizian, President and Chief Relationship Officer at QCBT. "His commitment to the Quad City community and to our work as a community banking organization is what we will continue to focus on. I am looking forward to working with our entire team at QCBT to continue our 30-year history of serving this community and being worthy of our name." 

"John has redefined community banking in his stellar career and has done incredible job cultivating and building upon the customer centric culture by our founders, Mike Bauer and Doug Hultquist. John has blended his genuine passion for the community with his strong leadership skills, administration for our employees, and relentless focus on building a best-in-class financial organization where personal relationships are paramount," said Mike Kilmer, Chair of the QCBT Board, "The Board is very excited to welcome Divot as only the third CEO of QCBT's impressive history. Her vast community involvement combined with her leadership and overall banking expertise make her an ideal individual to lead QCBT to continued growth and success," said Kilmer. 

Anderson has developed close working relationships with not only QCBT Board members and community leaders, but also with fellow bankers and colleagues. "Working among the best bankers in the region has been a gift. Even in some of the most challenging of times, the one constant has been the dedication of our team to see it through. That is my most cherished honor," said Anderson. 

Watch a video message from John Anderson here:

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