1st Source Elects New Member to its Board of Directors
22 Avril 2022 - 6:18PM
Business Wire
International business leader to bring
extensive leadership skills
1st Source Corporation announces the election of Isaac P. Torres
to its Board of Directors. Mr. Torres is President and Chief
Executive Officer of InterCambio Express, Inc., an internet-based
money transfer service with a U.S.A. headquarters in Elkhart, Ind.
and a Mexican subsidiary located in Puebla, Mexico. Mr. Torres has
expertise in internet-based industries and international payment
systems as well as extensive skills in finance, accounting
compliance and international business.
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Isaac P. Torres (Photo: Business
Wire)
“We are pleased our shareholders voted to add Mr. Torres to our
Board, and we look forward to his contributions to the leadership
and vision for the future of 1st Source. His business background
and decades of experience will blend well with our already strong
Board,” states Christopher J. Murphy III, Chairman and Chief
Executive Officer of 1st Source.
Mr. Torres qualifies as an Audit Committee financial expert
under SEC guidelines. He serves on the boards of the Community
Foundation of Elkhart County, Women’s Care Center and RISE-Moxie.
He is a Committee Member of the South Bend & Elkhart Regional
Partnership - Diversity & Inclusion Committee and the Indiana
University Foundation Board. Mr. Torres holds a bachelor’s degree
in Accounting from the National Autonomous University of Mexico and
an MBA from Indiana University. He has also attained the Certified
Anti-Money Laundering Specialist (CAMS) designation.
This election comes as three current board members - John F.
Affleck-Graves, Chaired Professor of Finance, and former Executive
Vice President and Chief Financial Officer of the University of
Notre Dame, Daniel B. Fitzpatrick, founder, Chairman and Chief
Executive Officer of Quality Dining, Inc., and Christopher J.
Murphy IV, co-founder, owner and Chief Executive Officer of
Catharsis Productions, LLC - were also re-elected to continue their
service to the 1st Source Corporation Board of Directors.
All four above mentioned directors have been elected to terms
that end April 2025 and will be subject to re-election at that
time.
1st Source Corporation, parent company of 1st Source Bank, has
assets of $8.0 billion and is the largest locally controlled
financial institution headquartered in the northern
Indiana-southwestern Michigan area. The Corporation includes 79
banking centers, 18 1st Source Bank Specialty Finance Group
locations nationwide, nine Trust and Wealth Advisory Services
locations and 10 1st Source Insurance offices. For more than 155
years, 1st Source has been committed to our mission of helping our
clients achieve security, build wealth and realize their dreams.
For more information, visit www.1stsource.com.
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Lindsey Horner hornerl@1stsource.com 574-235-2506
1st Source (NASDAQ:SRCE)
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