VersaBank Announces Executive Appointments and Promotions to Support Corporate Realignment

VersaBank has announced key executive appointments and promotions, effective January 5, 2026, to support its proposed corporate realignment into a US Bank framework. Nicolas Ospina has been appointed as the new Global Chief Financial Officer, bringing over a decade of experience from Raymond James' Financial Services Investment Banking Group. John Asma has been promoted to Executive Vice President, focusing on Canadian Digital Banking operations, after serving as CFO. These changes are intended to strengthen the bank's strategic execution in both the US and Canada, positioning it for future growth and enhanced long-term shareholder value. The bank also provided an update on its business model, financial solutions, and cybersecurity services, emphasizing its digital, business-to-business approach and proprietary technology.