The IBC Bank-San Antonio Board of Directors today named Mike Sohn to lead San Antonio operations as president and CEO. Sohn has 28 years of experience in the banking industry and has been with IBC Bank for more than two decades. He becomes the third CEO for the San Antonio market since it opened for business in the Alamo City 26 years ago and succeeds former CEO Steve Edlund. Sohn previously served as executive vice president in charge of commercial lending in the San Antonio market. In his new position, Sohn assumes the CEO leadership role, which includes managing the day-to-day operation of the commercial lending department and overseeing the retail branch network of 30 locations, which also includes branches in the communities of Luling, Marble Falls, San Marcos, and Schertz.
IBC Bank-San Antonio is managed by a local board of directors that makes local decisions and chaired by Bexar County Judge Nelson Wolff. Other board members include: Dennis Nixon; Roy Barrera, Jr.; Alan Chesler; Robert L. Cook; Phil Hardberger; Malcolm T. Hartman; Tom Travis; Charles M. “Marty” Wender; Ronald D. Wolff; and Robert B. Wray.
“IBC Bank has played an integral role in the economic development of San Antonio and South Texas. With the growth of information technology, bioscience, aerospace, and the Eagle Ford Shale oil and gas play, Mike Sohn’s expertise and vision will deepen IBC’s strong market presence,” Wolff said. “Mike is one of IBC’s most seasoned leaders with specialization in lending to professionals and executives, commercial real estate, construction, manufacturing, and the oil and gas industry.”
“Mike Sohn embodies our ‘We Do More’ attitude and is uniquely qualified to continue the market’s legacy of customer service excellence,” IBC Chairman and CEO Dennis Nixon said. “Further, International Bancshares Corporation views IBC San Antonio as a strong growth market and fully supports its development and expansion.”
Community outreach is an IBC strength, which Sohn embraces by volunteering his time with various youth-related sports activities, including AAU local and national basketball tournaments and high school interscholastic youth sports. He previously served as a board member with the San Antonio Sports Foundation and the North San Antonio Chamber of Commerce. He is active in a number of professional organizations including the Texas Society of Professional Engineers, the Independent Petroleum Association of America (IPAA), the San Antonio Chapter of the American Petroleum Institute (API), the Society of Petroleum Engineers (SPE), the Texas Independent Producers and Royalty Owners Association (TIPRO), and the Coastal Conservation Association.
IBC Bank-San Antonio has a long record of service to the community, education, health care, and financial literacy. IBC played a significant role in bringing the first microsociety, Adamsville, to San Antonio, which is an in-school learning laboratory at Adams Elementary. IBC Bank-San Antonio employees actively participate in Money Buzz – a large-scale, corporate-wide, financial literacy initiative helping families and children develop sound financial practices. The San Antonio Employee Advisory Board (EAB) coordinates hundreds of IBC employee volunteer hours in the community every year. Sohn will continue to play an integral role in these community outreach efforts, as well as the bank’s marketing and employee development initiatives.
Sohn graduated with a bachelor of science from Texas A&M University in College Station. He also graduated from Southern Methodist University’s Intermediate Banking School. He and his wife Donna have two sons.
IBC Bank–San Antonio is a division of International Bancshares Corporation (NASDAQ: IBOC), an $11.6 billion multi-bank financial holding company headquartered in Laredo, Texas, with 210 facilities and more than 335 ATMs serving 88 communities in Texas and Oklahoma. International Bancshares Corporation was named one of the nation’s 100 most trustworthy companies by Forbes in 2012. More information is available at www.ibc.com. Visit us on our YouTube channel, IBCBankWeDoMore.