Mark Wade has been named chief executive officer of Bank of Texas, a subsidiary of Tulsa, Oklahoma-based BOK Financial Corp., as of January 1, 2023. He will assume the role as longtime CEO Norm Bagwell transitions into a new part-time role after leading the Texas bank for more than 15 years.
“Norm Bagwell has been an important part of our company since he joined us in 2008,” says Stacy Kymes, president and CEO of BOK Financial, the parent company of Bank of Texas. “We are thrilled that he will continue to play an important role in client development and employee recruiting talent in Texas as he transitions out of the CEO role.
“We are extremely fortunate to have no shortage of leaders in the market, thanks in part to Norm’s leadership,” Kymes adds. “Mark Wade is a champion for Bank of Texas. His commitment, tenacity and strategic approach will help ensure we continue our track record of growth in the Lone Star state.”
Wade joined BOK Financial in 2001 as the Dallas corporate banking manager for Bank of Texas. He helped launch the company’s health care banking division in Texas and formed the commercial finance group, which has grown into a national line of business for the company. Wade was named president and chief operating officer of Bank of Texas in 2008. Since 2020, he has served as executive director for the company’s commercial banking line of business.
“Mark’s industry knowledge and leadership experience make him a fantastic fit as the next CEO for Bank of Texas,” Bagwell notes. “I have tremendous pride in the brand and track record of success we have built in Texas, and I have no doubt Mark will continue that momentum when he steps into the role.”
Wade earned a bachelor’s degree in finance from the University of Texas–Austin. He actively supports several organizations, including the Make-a-Wish Foundation of North Texas, American Cancer Society, Adult Literacy of Texas, United Way, Susan G. Komen of Dallas and Good Night Shelter of North Texas.
“I am truly honored to have learned from Norm’s example and mentorship, and I am looking forward to following his example,” Wade says. “It’s an exciting time to be in Texas—particularly as the company has reaffirmed its commitment to the state. I am excited about the future of our state and the role Bank of Texas will play in that growth.”
Bank of Texas is part of BOKF NA, a holding of BOK Financial Corp., a $45 billion regional financial services company with $96 billion in assets under management and administration. BOKF NA operates banking divisions across eight states as Bank of Albuquerque, Bank of Oklahoma, Bank of Texas and BOK Financial (in Arizona, Arkansas, Colorado, Kansas and Missouri).