Bank’s CCO Assumes Role as Chief Analytics Officer
DALLAS, TX (June 12, 2024) – NDBT (North Dallas Bank and Trust Co.), an independent community bank established in 1961, announces the formation of a Data Analytics Team, led by the newly created position of Chief Analytics Officer (CAO), to transform NDBT’s data bank into an actionable enterprise asset. James Tipton, previously NDBT’s Chief Credit Officer, assumes the role of CAO.
Mr. Tipton’s new duties include oversight of the strategic, administrative, and operations functions of the team, providing the vision, leadership, creative direction, and support needed to bring greater tangible business value to the bank’s data reserves.
“The data landscape is evolving at such a rapid pace that it’s critical to have dedicated resources focused on collecting and interpreting that data daily,” said Mr. Tipton. “We will then pose different, better, and more thought-provoking questions about our business, which will allow NDBT to gain more intuitive insights to customer preferences and patterns, leading to new and better solutions.”
Joining Mr. Tipton as NDBT’s first dedicated Data Analyst is Dylan Coats, who has worked as an analyst within the bank’s Credit Operations division for the past three years.
“This team is an important next step in our emphasis on developing both new and next generation relationships across a broader community,” said Larry Miller, NDBT’s president and chief executive officer. “By applying what we understand about our business, our brand, our existing customer base, and our market environment through a focused approach to data analytics, we will be in the ideal position to turn data into decisions.”