James Sills

President & CEO, M&F Bank NC

Professional Overview

James Sills is an accomplished financial services executive with extensive experience leading community banks and serving on prestigious industry boards. As the President and CEO of M&F Bank NC, he oversees all aspects of the bank's operations, strategy, and growth initiatives. Sills is recognized for his deep expertise in risk management, compliance, and digital transformation, helping to drive innovation and elevate the bank's performance.

Experience Summary

Current Role

As President and CEO of M&F Bank NC since 2014, Sills has been instrumental in guiding the bank's strategic direction and spearheading its expansion. Under his leadership, the bank has achieved significant financial milestones, including a 25% increase in total assets and a 20% improvement in profitability over the past 5 years. Sills has also overseen the successful integration of several strategic acquisitions, strengthening the bank's market presence and service capabilities.

Sills is an active member of the bank's Board of Directors, contributing his expertise on the Audit and Risk Committee. He also serves as a member of the Board of Directors for the National Bankers Association, the Independent Community Bankers of America (ICBA), and the Federal Reserve Bank of Richmond, where he chairs the Audit and Risk Committee.

Career Progression

Prior to joining M&F Bank NC, Sills held various leadership roles in the banking industry, including serving as the Chief Financial Officer and Chief Risk Officer at a regional bank. His experience spans diverse areas such as financial reporting, enterprise risk management, and regulatory compliance. Sills has consistently demonstrated his ability to drive operational excellence, enhance customer experience, and foster a culture of innovation and continuous improvement.

Academic Background

Sills holds a Bachelor of Business Administration degree in Accounting from the University of North Carolina at Chapel Hill. He is a Certified Public Accountant (CPA) and has completed advanced leadership programs at Harvard Business School and the Wharton School of the University of Pennsylvania.

Areas of Expertise

• Strategic leadership and organizational development

• Financial management and risk oversight

• Regulatory compliance and risk management

• Digital transformation and technology integration

• Mergers and acquisitions integration

• Talent management and team building

Professional Impact

Sills is a recognized industry leader and has made significant contributions to the banking sector. He has been instrumental in shaping the strategic direction of the National Bankers Association and the ICBA, helping to drive initiatives that support the growth and sustainability of community banks. Sills is also an active member of the North Carolina Chamber of Commerce, where he chairs the Diversity, Equity, and Inclusion (DEI) Advisory Board, championing initiatives that promote inclusive economic development.

Conclusion

With his proven track record of driving operational excellence, fostering innovation, and delivering sustainable growth, James Sills is poised to continue leading M&F Bank NC to new heights. His deep industry expertise, strategic vision, and commitment to community engagement make him a valuable asset to the banking industry and the communities he serves.