New DB&T president named

Dubuque Bank & Trust has a new president and CEO.

Drew Townsend has been named president and CEO of DB&T, according to a press release issued Friday.

Townsend succeeds Tyson Leyendecker, who resigned from the role, according to an email Friday from Ryan Lund, director of corporate communications for HTLF, the holding company for DB&T.

The release states that Townsend recently returned to DB&T and has a history of working with HTLF and its banks for almost 30 years. Over the years, he has served as president and CEO of Galena State Bank, chief credit officer for HTLF and head of commercial banking for both DB&T and FirstBank & Trust in Texas.

“Drew’s appointment advances DB&T’s strategic vision,” Bruce K. Lee, HTLF president and CEO, said in the release. “We are excited by the knowledge, passion, and dedication he brings to the role and will continue to deliver Strength, Insight and Growth to our customers and community.”

The release also notes that the change in DB&T leadership is not related to the “volatility” across the banking industry and is being done “in the normal course of business.”