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Associated Bank announces promotion of Steven Zandpour to executive vice president, head of consumer and business banking

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Associated Bank (NYSE: ASB) has announced the promotion of Steven Zandpour to executive vice president, head of consumer and business banking, effective July 1, 2025. Zandpour will succeed David Stein, who plans to retire at the end of 2025 after 20+ years with the company. Zandpour, who joined Associated Bank in January 2024, will report to CEO Andrew J. Harmening and oversee revenue growth for consumer and business banking, branch network, contact centers, digital banking, and other key operations. Under his leadership, the bank has launched notable initiatives including family banking solutions and a customer-centric conversation model. Stein will transition to executive vice president, strategic advisor and Madison market president until his retirement.

Associated Bank (NYSE: ASB) ha annunciato la promozione di Steven Zandpour a vicepresidente esecutivo e responsabile del settore consumer e business banking, a partire dal 1° luglio 2025. Zandpour succederà a David Stein, che ha in programma di andare in pensione alla fine del 2025 dopo oltre 20 anni in azienda. Zandpour, entrato in Associated Bank nel gennaio 2024, riporterà direttamente al CEO Andrew J. Harmening e sarà responsabile della crescita dei ricavi nei settori consumer e business banking, della rete filiali, dei contact center, del banking digitale e di altre operazioni chiave. Sotto la sua guida, la banca ha lanciato iniziative importanti come soluzioni di banking per famiglie e un modello di conversazione orientato al cliente. Stein passerà al ruolo di vicepresidente esecutivo, consulente strategico e presidente del mercato di Madison fino al suo pensionamento.

Associated Bank (NYSE: ASB) ha anunciado el ascenso de Steven Zandpour a vicepresidente ejecutivo y jefe de banca de consumo y negocios, efectivo a partir del 1 de julio de 2025. Zandpour sucederá a David Stein, quien planea retirarse a finales de 2025 tras más de 20 años en la empresa. Zandpour, que se unió a Associated Bank en enero de 2024, reportará al CEO Andrew J. Harmening y supervisará el crecimiento de ingresos en banca de consumo y negocios, la red de sucursales, los centros de contacto, la banca digital y otras operaciones clave. Bajo su liderazgo, el banco ha lanzado iniciativas destacadas, incluyendo soluciones bancarias familiares y un modelo de conversación centrado en el cliente. Stein pasará a ser vicepresidente ejecutivo, asesor estratégico y presidente del mercado de Madison hasta su retiro.

Associated Bank (NYSE: ASB)Steven Zandpour를 2025년 7월 1일부로 소비자 및 기업 금융 부문 책임자 겸 전무이사로 승진시켰다고 발표했습니다. Zandpour는 20년 이상 근무한 David Stein의 뒤를 이어 2025년 말 은퇴할 예정입니다. 2024년 1월 Associated Bank에 합류한 Zandpour는 CEO Andrew J. Harmening에게 보고하며 소비자 및 기업 금융의 수익 성장, 지점 네트워크, 고객 센터, 디지털 뱅킹 및 기타 주요 운영을 총괄합니다. 그의 리더십 하에 은행은 가족 금융 솔루션과 고객 중심 대화 모델 등 주목할 만한 이니셔티브를 시작했습니다. Stein은 은퇴할 때까지 전무이사, 전략 고문 및 매디슨 시장 대표로서 역할을 수행할 예정입니다.

Associated Bank (NYSE : ASB) a annoncé la promotion de Steven Zandpour au poste de vice-président exécutif, responsable de la banque de détail et des entreprises, à compter du 1er juillet 2025. Zandpour succédera à David Stein, qui prévoit de prendre sa retraite à la fin de 2025 après plus de 20 ans au sein de l'entreprise. Zandpour, qui a rejoint Associated Bank en janvier 2024, rapportera directement au PDG Andrew J. Harmening et supervisera la croissance des revenus dans les secteurs de la banque de détail et des entreprises, le réseau d'agences, les centres de contact, la banque digitale et d'autres opérations clés. Sous sa direction, la banque a lancé des initiatives remarquables, notamment des solutions bancaires familiales et un modèle de conversation centré sur le client. Stein assumera le rôle de vice-président exécutif, conseiller stratégique et président du marché de Madison jusqu'à sa retraite.

Associated Bank (NYSE: ASB) hat die Beförderung von Steven Zandpour zum Executive Vice President und Leiter des Bereichs Privat- und Firmenkundenbanking mit Wirkung zum 1. Juli 2025 bekannt gegeben. Zandpour wird David Stein nachfolgen, der plant, Ende 2025 nach über 20 Jahren im Unternehmen in den Ruhestand zu gehen. Zandpour, der im Januar 2024 zu Associated Bank kam, wird direkt an CEO Andrew J. Harmening berichten und das Umsatzwachstum im Privat- und Firmenkundengeschäft, das Filialnetz, Contact Center, digitales Banking und weitere wichtige Bereiche leiten. Unter seiner Führung hat die Bank bedeutende Initiativen gestartet, darunter familienorientierte Banklösungen und ein kundenorientiertes Gesprächsmodell. Stein wird bis zu seinem Ruhestand als Executive Vice President, strategischer Berater und Marktleiter in Madison tätig sein.

Positive
  • Smooth leadership transition with internal promotion
  • Continuity maintained with retiring executive staying as advisor
  • Recent successful product launches including family banking solutions
  • Implementation of customer-centric banking model
Negative
  • Loss of 20+ years of experience with David Stein's retirement
  • Relatively short tenure of Zandpour at the bank (joined 2024)

Zandpour to succeed David Stein, effective July 1, 2025

GREEN BAY, Wis., May 8, 2025 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") today announced the promotion of Steven Zandpour to executive vice president, head of consumer and business banking, effective July 1, 2025. Zandpour will succeed David Stein, who has announced his intent to retire at the end of 2025 after more than 20 years with the company. Zandpour will report directly to Associated Bank's President and CEO, Andrew J. Harmening.

"Steve's people-first leadership and steadfast commitment to both colleagues and customers have been key contributors to our business growth and improved customer experience," said Harmening. "He is well-positioned to further accelerate innovation and deliver even greater value through enhanced products and services that align with our customers' evolving needs."

Zandpour joined Associated Bank in January 2024 as executive vice president, director of retail banking and was promoted to deputy head of consumer and business banking and the bank's Executive Leadership Team in January 2025.

He will continue to oversee revenue growth for consumer and business banking and lead the bank's branch network, contact centers and other sales and service channels. In addition, he will oversee digital banking, consumer risk, customer experience, retail strategy and community accountability teams. 

"Associated Bank is a people-centric culture, and I believe that when we focus on our people, we succeed," said Zandpour. "It's been incredibly rewarding to deliver standout products that create real value for our customers, and I appreciate Dave's guidance and collaboration as we've worked together since I joined Associated."

Recent products and offerings include launching family banking, a comprehensive banking solution for families to meet their financial goals, and a customer conversation model which takes a needs-based approach to learning more about customers, what they want to achieve and what they need to be successful, and partnering to create solutions and achieve those goals.

Effective July 1, Stein will transition from head of consumer and business banking to executive vice president, strategic advisor and Madison market president, assisting with the development of the bank's strategic plan for the remainder of the year.

ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of $43 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from nearly 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois, Minnesota and Missouri. The company also operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.

Media Contact
Andrea Kozek
Vice President / Senior Manager, Public Relations
920-491-7518

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SOURCE Associated Banc-Corp

FAQ

Who is the new head of consumer and business banking at Associated Bank (ASB)?

Steven Zandpour has been promoted to executive vice president, head of consumer and business banking at Associated Bank, effective July 1, 2025.

When will David Stein retire from Associated Bank (ASB)?

David Stein will retire from Associated Bank at the end of 2025 after more than 20 years with the company.

What is Steven Zandpour's experience at Associated Bank (ASB)?

Zandpour joined Associated Bank in January 2024 as EVP, director of retail banking and was promoted to deputy head of consumer and business banking in January 2025.

What will be Steven Zandpour's responsibilities at Associated Bank (ASB)?

Zandpour will oversee revenue growth for consumer and business banking, lead the branch network, contact centers, digital banking, consumer risk, customer experience, retail strategy, and community accountability teams.

What role will David Stein transition to before retiring from Associated Bank (ASB)?

Effective July 1, 2025, Stein will transition to executive vice president, strategic advisor and Madison market president until his retirement.
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