Axos Financial, Inc. and Axos Bank Announces Executive Changes
September 27, 2021 at 04:15 pm EDT
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Axos Financial, Inc. parent of Axos Bank (collectively, ‘Axos’), announced that the Board of Directors of Axos has appointed Derrick K. Walsh as Executive Vice President, Chief Financial Officer of Axos, effective September 23, 2021. Mr. Walsh joined Axos in 2013 and has served as Senior Vice President and Chief Accounting Officer of Axos since 2015 and will continue to retain principal accounting officer responsibilities for Axos. He succeeds Andrew J. Micheletti who will continue with Axos as Executive Vice President, Finance, performing various strategic and investor relations initiatives.
Axos Financial Inc. is a financial holding company that operates through its subsidiary, Axos Bank (the Bank). The Bank provides consumer and commercial banking products through its digital online and mobile banking platforms, distribution channels and affinity partners. The Companyâs segments include Banking Business and Securities Business. Banking Business segment has a range of banking services, including online banking, concierge banking, and mortgage, vehicle, and unsecured lending through online and telephonic distribution channels. In addition, it focuses on providing deposit products nationwide to industry verticals, cash management products to a variety of businesses, and commercial & industrial and commercial real estate lending to clients. Securities Business segment includes the clearing broker-dealer, registered investment advisor custody business, registered investment advisor, and introducing broker-dealer lines of businesses.