HOUSTON, Dec. 19,
2023 /PRNewswire/ -- Tectonic Financial, Inc.
("Tectonic Financial" or the "Company") (Nasdaq: TECTP), a
technology-focused financial services company, today announced
the appointment of David Clifford as
its Chief Operating Officer. Mr. Clifford joined the Company in
2018 as its Chief Strategy Officer, where he helped develop a
comprehensive integrated financial services strategy and led
improvements through advanced analytics, processes, and
systems.
Prior to joining the Company, Mr. Clifford served in a similar
capacity at Salient Partners, LP, where he developed marketing
initiatives for alternative investment programs that helped fuel
Salient's growth to over $17 billion
in client assets. Mr. Clifford's career began at McKinsey &
Company in Europe, where he
focused on advising clients in the high-tech industry. Mr. Clifford
was the salutatorian of his graduating class at the Helsinki School of Economics, where he received his
MBA, and holds a BBA in Finance from the University of Texas at Austin.
A. Haag Sherman, Co-Founder and
Chief Executive Officer of Tectonic Financial, remarked, "Having
worked with David for over two decades, both at Salient and
Tectonic Financial, I have witnessed his innovative, data-driven
approach firsthand. His experience and leadership skills will be
invaluable as we continue to advance our strategic goals and
redefine the financial services industry."
Mr. Clifford expressed his enthusiasm about his new role,
stating, "I am deeply honored to step into the role of Chief
Operating Officer at Tectonic Financial. My journey in the
financial services sector has equipped me with a wealth of
experience and insights that I am eager to apply in this new
capacity. I look forward to driving further innovation and
operational excellence at Tectonic Financial, contributing to our
strategic growth and continuing to build on our record of
success."
About Tectonic Financial
Tectonic Financial, Inc. is a
technology-focused financial services company offering a
comprehensive range of services including commercial banking,
trust, retirement, retirement plan administration, insurance,
securities brokerage, wealth management, and factoring through its
subsidiaries T Bank, N.A., Tectonic Advisors, LLC, Sanders Morris
LLC, HWG Insurance Agency LLC, The Nolan Company, a division of T
Bank, N.A., and Integra Funding Solutions, a division of T Bank,
N.A. Dedicated to delivering exceptional customer experiences,
Tectonic Financial combines high-tech solutions with a personal
touch, providing high returns on equity and assets. The Company's
non-cumulative perpetual preferred stock is publicly traded on
Nasdaq Global Select Market under the symbol "TECTP." For more
information, visit tectonicfinancial.com.
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SOURCE Tectonic Financial