Denver (PRWEB) May 6, 2008
Vectra Bank Colorado Chief Financial Officer Deborah Wapensky was one of two recipients of the prestigious CFO of the Year for Large Private Companies award, given annually by The Denver Business Journal.
According to the publication, judges were especially impressed with Wapensky's many business successes at Vectra Bank. Her work improved bank efficiencies in part through upgrades and consolidations of certain facilities. Additionally, under her financial guidance, Vectra Bank's average loan balances grew 12 percent in 2007, increasing by $187 million to $1.8 billion. The bank also had a record level of earnings in 2007.
"I am truly honored to be selected for this award," Wapensky said. "But I share it with my Vectra team and my staff. Together, I believe we've made some significant and lasting impacts on the organization."
The newspaper also lauded Wapensky's work out of the office, supporting community nonprofits. She currently serves as chair of the board of the Children's Museum of Denver and is a former board member of the Women's Bean Project. A member of the Women's Vision Foundation, she co-chaired its 10th annual Women's Success Forum in 2007, a leadership conference attended by more than 1,200 corporate women.
"Deborah's warmth and communication skills make her stand out from others in her league," said Bruce Alexander, Vectra Bank's chief executive officer, who nominated Wapensky for the award. "In a field where knowledge and data equal power, Deborah strives to engage others and allow them to become empowered through access to this information. This enables everyone within our company to feel part of the solution and integral to the bank's success."
With assets of $2.76 billion, Vectra Bank Colorado is a proactive, customer-focused organization dedicated to real relationship banking. Part of the Zions Bancorporation (NASDAQ: ZION) family of banks, Vectra serves Colorado's small, middle-market and corporate business clients with more than 40 full-service branches in communities across Colorado.