Chris Evans named to lead Arvest Mortgage Division
by August 5, 2024 9:04 am 338 views
Fayetteville-chartered Arvest Bank announced Monday (Aug. 5) that it has promoted Chris Evans to president and CEO of the bank’s mortgage division, effective immediately. He replaces Pete Boomer who left the company in July to join Regions Bank.
In April, Boomer replaced longtime executive Matt Kendall, who retired from the company after more than 30 years. According to a July 24 news release, Boomer will join Birmingham, Ala.-based Regions Bank as its new head of mortgage, effective Aug. 14. Boomer is expected to relocate from the Chicago area to Birmingham later this summer, the release shows.
Evans has been director of finance for Arvest since 2012. He joined the bank in 2006 and has 27 years of experience in the financial industry. While at Arvest, he has led various strategic growth initiatives, such as building its process improvement and intelligent automation program.
“Chris has been a valued member of our organization, providing the leadership and strategic vision to help us achieve our goals while staying focused on future success,” said Matt Machen, president and chief operating officer for Arvest Bank. “His deep understanding of our culture and commitment to excellence has been instrumental in advancing our initiatives across the organization. I look forward to the fresh perspectives he’ll bring as he leads the Arvest Mortgage Division into a new era of innovation and growth while maintaining our unwavering commitment to delivering outstanding service to customers.”
Evans resides in Tulsa and will work from there. He graduated from Oklahoma State University and is a certified public accountant. He recently earned the certified strategic financial leader designation from Stanford University Graduate School of Business.
In 2023, Arvest Mortgage Division had $1.9 billion in mortgage origination volume. According to the Federal Deposit Insurance Corp., Arvest Bank has 226 branches in four states. As of March 31, the bank had total assets of $26.37 billion and 6,266 employees.