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Business First Bancshares, Inc. Appoints Alejandro M. Sanchez to its Board of Directors

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Business First Bancshares (Nasdaq: BFST), parent company of b1BANK, welcomes Alejandro M. Sanchez to its Board of Directors, effective March 27, 2025. Sanchez, currently president and CEO of Salva Financial Group of Florida, brings extensive financial sector expertise to the role.

Sanchez's impressive background includes serving as an executive advisor to Nasdaq and holding board positions with Popular (BPOP) and Republic Bancorp (RBCAA). His 25-year tenure as president and CEO of the Florida Bankers Association (1998-2023) and presidential appointments to the Federal Retirement Thrift Investment Board under both Bush and Obama administrations highlight his regulatory experience.

A U.S. Air Force veteran (1976-1981), Sanchez holds a Doctorate from the University of Iowa College of Law. Chairman and CEO Jude Melville emphasized that Sanchez's expertise in regulatory environments and strategic transformations aligns with b1BANK's growth strategy and governance goals.

Business First Bancshares (Nasdaq: BFST), società madre di b1BANK, dà il benvenuto ad Alejandro M. Sanchez nel suo Consiglio di Amministrazione, a partire dal 27 marzo 2025. Sanchez, attualmente presidente e CEO di Salva Financial Group of Florida, porta con sé una vasta esperienza nel settore finanziario.

Il suo curriculum include il ruolo di consulente esecutivo per Nasdaq e posizioni nel consiglio di amministrazione di Popular (BPOP) e Republic Bancorp (RBCAA). La sua esperienza di 25 anni come presidente e CEO della Florida Bankers Association (1998-2023) e le nomine presidenziali al Federal Retirement Thrift Investment Board sotto le amministrazioni Bush e Obama evidenziano la sua competenza regolatoria.

Veterano dell'U.S. Air Force (1976-1981), Sanchez è titolare di un dottorato presso l'University of Iowa College of Law. Il presidente e CEO Jude Melville ha sottolineato come l'expertise di Sanchez nei contesti regolatori e nelle trasformazioni strategiche sia in linea con la strategia di crescita e gli obiettivi di governance di b1BANK.

Business First Bancshares (Nasdaq: BFST), empresa matriz de b1BANK, da la bienvenida a Alejandro M. Sanchez a su Junta Directiva, efectivo a partir del 27 de marzo de 2025. Sanchez, actualmente presidente y CEO de Salva Financial Group of Florida, aporta una amplia experiencia en el sector financiero.

Su trayectoria incluye haber sido asesor ejecutivo de Nasdaq y ocupar cargos en los consejos de Popular (BPOP) y Republic Bancorp (RBCAA). Su periodo de 25 años como presidente y CEO de la Florida Bankers Association (1998-2023) y sus nombramientos presidenciales en el Federal Retirement Thrift Investment Board bajo las administraciones de Bush y Obama destacan su experiencia regulatoria.

Veterano de la Fuerza Aérea de EE.UU. (1976-1981), Sanchez posee un doctorado de la University of Iowa College of Law. El presidente y CEO Jude Melville enfatizó que la experiencia de Sanchez en entornos regulatorios y transformaciones estratégicas está alineada con la estrategia de crecimiento y los objetivos de gobernanza de b1BANK.

Business First Bancshares (나스닥: BFST), b1BANK의 모회사인 이 회사는 2025년 3월 27일부로 Alejandro M. Sanchez를 이사회에 영입했다고 발표했습니다. 현재 Salva Financial Group of Florida의 사장 겸 CEO인 Sanchez는 금융 분야에서 폭넓은 전문성을 보유하고 있습니다.

Sanchez는 Nasdaq의 경영 자문 역할을 수행했으며 Popular (BPOP) 및 Republic Bancorp (RBCAA)의 이사회 멤버로 활동한 경력이 있습니다. 1998년부터 2023년까지 Florida Bankers Association의 사장 겸 CEO로 25년간 재임했으며, Bush 및 Obama 행정부 시절 연방 퇴직 저축 투자 위원회(Federal Retirement Thrift Investment Board)에 대통령 임명을 받은 경력은 그의 규제 경험을 강조합니다.

미 공군(1976-1981) 출신인 Sanchez는 University of Iowa College of Law에서 박사 학위를 받았습니다. 회장 겸 CEO인 Jude Melville는 Sanchez의 규제 환경 및 전략적 변화에 대한 전문성이 b1BANK의 성장 전략과 거버넌스 목표에 부합한다고 강조했습니다.

Business First Bancshares (Nasdaq : BFST), société mère de b1BANK, accueille Alejandro M. Sanchez au sein de son conseil d'administration, à compter du 27 mars 2025. Sanchez, actuellement président et CEO de Salva Financial Group of Florida, apporte une vaste expertise dans le secteur financier.

Son parcours remarquable inclut un rôle de conseiller exécutif pour Nasdaq ainsi que des fonctions au sein des conseils d'administration de Popular (BPOP) et Republic Bancorp (RBCAA). Sa présidence de 25 ans à la tête de la Florida Bankers Association (1998-2023) et ses nominations présidentielles au Federal Retirement Thrift Investment Board sous les administrations Bush et Obama témoignent de son expérience réglementaire.

Ancien membre de l'U.S. Air Force (1976-1981), Sanchez est titulaire d'un doctorat de la University of Iowa College of Law. Le président et CEO Jude Melville a souligné que l'expertise de Sanchez en environnements réglementaires et transformations stratégiques est en adéquation avec la stratégie de croissance et les objectifs de gouvernance de b1BANK.

Business First Bancshares (Nasdaq: BFST), Muttergesellschaft von b1BANK, begrüßt Alejandro M. Sanchez als neues Mitglied des Vorstands, wirksam ab dem 27. März 2025. Sanchez, derzeit Präsident und CEO von Salva Financial Group of Florida, bringt umfangreiche Erfahrung im Finanzsektor mit.

Sanchez' beeindruckender Werdegang umfasst Tätigkeiten als Executive Advisor bei Nasdaq sowie Vorstandspositionen bei Popular (BPOP) und Republic Bancorp (RBCAA). Seine 25-jährige Amtszeit als Präsident und CEO der Florida Bankers Association (1998-2023) sowie seine von den Präsidenten Bush und Obama erfolgten Ernennungen zum Federal Retirement Thrift Investment Board unterstreichen seine regulatorische Expertise.

Als Veteran der U.S. Air Force (1976-1981) besitzt Sanchez einen Doktortitel der University of Iowa College of Law. Vorsitzender und CEO Jude Melville betonte, dass Sanchez’ Fachwissen in regulatorischen Umfeldern und strategischen Transformationen mit der Wachstumsstrategie und den Governance-Zielen von b1BANK übereinstimmt.

Positive
  • Appointment of highly experienced financial executive with strong regulatory background
  • New director brings expertise in strategic planning and crisis management from Salva Financial Group
  • Board member has previous experience with major financial institutions (Popular Inc, Republic Bancorp)
  • Addition of director with extensive regulatory compliance knowledge (25-year Florida Bankers Association leadership)
  • New director brings federal-level experience (Presidential appointee to Federal Retirement Thrift Investment Board)
Negative
  • None.

BATON ROUGE, La., April 30, 2025 (GLOBE NEWSWIRE) -- Business First Bancshares Inc. (Nasdaq: BFST), the holding company for b1BANK, has announced the appointment of Alejandro M. Sanchez to the Business First Bancshares, Inc. Board of Directors and b1BANK Board of Directors, effective March 27, 2025.

Sanchez is the president and CEO of Salva Financial Group of Florida, a consulting group advising financial institutions on strategic planning, regulatory compliance and crisis management. He also serves as an executive advisor to Nasdaq and holds board positions with Popular, Inc. (Nasdaq: BPOP), the holding company for Popular Bank and Republic Bancorp, Inc. (Nasdaq: RBCAA), the holding company for Republic Bank & Trust, contributing expertise in governance, risk management and audit oversight.

Sanchez led the Florida Bankers Association as president and CEO from 1998 to 2023, advocating for the state's banking industry. He was nominated by President George W. Bush as one of three Presidential appointees for the Federal Retirement Thrift Investment Board from 2002 to 2010 and was invited by President Obama to serve an additional two years.

“Alex's deep experience guiding financial institutions through complex regulatory environments and strategic transformations aligns closely with our growth strategy and governance objectives,” said Jude Melville, chairman and CEO of b1BANK. “His leadership and seasoned perspective will help us thoughtfully navigate opportunities and challenges, enhancing our capacity to serve our clients and communities effectively.”

“It is an honor to join the Business First Bancshares board,” said Sanchez. “I look forward to contributing to the company’s strategic vision and ongoing success.”

Sanchez holds a Doctorate from the University of Iowa College of Law and a Bachelor of Science from Troy University. He served in the U.S. Air Force from 1976 to 1981.

About Business First Bancshares Inc.

As of March 31, 2025, Business First Bancshares, Inc., (Nasdaq: BFST) through its banking subsidiary b1BANK, has $7.8 billion in assets, $7.1 billion in assets under management through b1BANK’s affiliate Smith Shellnut Wilson, LLC (SSW) (excludes $0.9 billion of b1BANK assets managed by SSW) and operates Banking Centers and Loan Production Offices in markets across Louisiana and Texas providing commercial and personal banking products and services. b1BANK is a 2024 Mastercard “Innovation Award” winner and multiyear winner of American Banker Magazine’s “Best Banks to Work For.” Visit b1BANK.com for more information.

Media Contact: Misty Albrecht
b1BANK
225.286.7879
Misty.Albrecht@b1BANK.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1b9e3cc0-4786-4497-9e7c-ce188ece6be6


FAQ

Who is Alejandro Sanchez joining on the Business First Bancshares (BFST) board in 2025?

Alejandro Sanchez is joining both the Business First Bancshares (BFST) and b1BANK boards of directors, effective March 27, 2025. He will serve alongside Chairman and CEO Jude Melville.

What experience does Alejandro Sanchez bring to Business First Bancshares (BFST)?

Sanchez brings extensive financial leadership experience as CEO of Salva Financial Group, former CEO of Florida Bankers Association (1998-2023), and current board positions at Popular Inc. and Republic Bancorp. He specializes in strategic planning, regulatory compliance, and crisis management.

How long did Alejandro Sanchez serve on the Federal Retirement Thrift Investment Board?

Alejandro Sanchez served on the Federal Retirement Thrift Investment Board for 10 years total - from 2002 to 2010 under President Bush's appointment, plus an additional two years under President Obama.

What other public company boards does BFST's new director Alejandro Sanchez serve on?

Alejandro Sanchez currently serves on the boards of Popular Inc. (BPOP) and Republic Bancorp (RBCAA), where he contributes expertise in governance, risk management, and audit oversight.

What is Alejandro Sanchez's current role at Salva Financial Group?

Alejandro Sanchez is the president and CEO of Salva Financial Group of Florida, where he leads consulting services for financial institutions on strategic planning, regulatory compliance, and crisis management.
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