Arvest Trust Names Donny Rogers New President

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Arvest Wealth Management of Lowell announced Tuesday that Donny Rogers has been chosen as the new president of its Arvest Trust Co. division.

Rogers has replaced Diane Wells, who retired earlier this year.

Rogers has been with the company since 2008, when he was an Arvest Asset Management location manager in Fort Smith. In June 2014, Rogers was promoted to director of sales.

Arvest Asset Management changed its name to Arvest Wealth Management in January. AWM offers advice to customers in three lines of business:

• Arvest Trust Co., with more than 3,100 customers and about $3.1 billion in assets under management;

• Arvest Investments Inc., a wholly owned subsidiary of the bank with about 30,000 customers and $5.6 billion in assets under management; and

• Arvest Insurance Co., also a wholly owned subsidiary with more than 1,500 customers and about $450 million in assets under management.

Rogers’ current responsibilities as sales director include regional management over AWM business in the Fort Smith, Little Rock, north central Arkansas, Joplin and Springfield, Missouri, markets. He also serves as sales leader for the regional investment officer team and oversees the retirement plan services froup. 

Rogers will maintain those responsibilities, according to a news release, but his regional management duties eventually will be split between David Biliter and Brad Griffin.

Rogers will continue to work in Fort Smith.

“Donny Rogers has embraced the Arvest culture since the first day he started with the bank in October of 2008,” Jim King, the CEO of AWM, said in the release. “Donny’s leadership and his passion for Trust make him a great choice to replace Diane as our Trust president. We look forward to Donny’s leadership of Arvest Trust in the years to come.”

Wells retired after more than 30 years with the company.

“Diane has contributed so much to Arvest and AWM over her 32 years of service,” King said. “Diane has been an important part of the growth of our Trust division at Arvest. In addition to her leadership and Trust knowledge, Diane represents so effectively our Arvest culture. Diane will be missed, but I know I speak for everyone at AWM in wishing her all the best in retirement.”