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Iowa Bankers Association President and CEO Announces Retirement


JOHNSTON, IOWA (April 29, 2024) — John Sorensen, president and CEO of the Iowa Bankers Association (IBA), recently announced plans for his retirement at year-end 2024. He will continue leading the IBA until a search process is completed for a successor. Sorensen joined the IBA in 1986 and has served as President and CEO since 1997.

“It has been an honor to serve Iowa bankers for nearly four decades. The IBA is a unique 137-year partnership of professional staff and volunteer bankers working for the common good,” said Sorensen. “I am grateful for the opportunity to work with and learn from some incredibly talented, hardworking people dedicated to creating jobs and growing Iowa’s economy.”

Under Sorensen’s leadership, the IBA grew into the largest state banking association in the U.S. With a team of more than 200 professional staff, the IBA provides advocacy, workforce development and community bank solutions in insurance, mortgage and regulatory compliance. The IBA has 265 member banks with a presence in nearly every Iowa community. Ninety-eight percent of Iowa banks and many of their industry-related service providers are IBA members.

Sorensen has chaired the national Alliance of State Banking Associations, the Graduate School of Banking at the University of Wisconsin and the Iowa Society of Association Executives. He has served on the boards of the American Bankers Association, SHAZAM Inc., the Iowa Business Council, the Iowa PBS Foundation, and many other community and economic development organizations. He is an executive advisory board member emeritus of the University of Northern Iowa’s David W. Wilson College of Business and a past recipient of the Iowa Association of Business and Industry’s Leadership for Iowa Award.

“As a leader, John has displayed an unwavering commitment to the advancement of community banking across Iowa and throughout our industry,” said Mary Kay Bates, IBA board chair and president and CEO of Bank Midwest, Spirit Lake. “His retirement leaves big shoes to fill but also provides an opportunity for us to build upon the strong foundation he has laid. His upcoming retirement is both a moment of reflection and a time to celebrate his many achievements in shaping the future of the Iowa Bankers Association.”

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The IBA has retained The QTI Group to conduct the search for the new president and CEO. The QTI Group is a comprehensive human resources advisory services firm headquartered in Madison, Wisconsin. Immediate inquiries for this position may be submitted to The QTI Group using the link, email or phone number listed below.

Brooke Hintze

Executive Search Consultant

QTI Executive & Professional Search, Inc.


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