Mark Sander on community reinvestment
From Old National CEO Details $6.5B Acquisition Deal · · Inside Indiana Business
“The merger allows us to reinvest back into our communities and deliver better experiences through investments in technology and talent.”
On , Mark Sander, President & Chief Operating Officer at OLD NATIONAL BANCORP, spoke about community reinvestment during Old National CEO Details $6.5B Acquisition Deal on Inside Indiana Business.
About Mark Sander
Mark Sander, President and Chief Operating Officer at Old National Bancorp, was involved in the bank's 2021 announcement of a $6.5 billion all-stock acquisition of First Midwest Bancorp. The deal was described as creating the sixth-largest bank in the Midwest with $45 billion in assets. Sander stated that the merger would strengthen the bank's footprint, particularly by adding the Chicago market, and would allow the combined company to invest more in talent and technology. He noted that the Old National name would remain and that the combined bank would be headquartered in Evansville, Indiana. In a 2016 Rotary Club interview, Sander discussed his personal background, including being born in London and moving to the United States as a child. He spoke about his career path, which included work as an options trader in San Francisco and Chicago, and his eventual move into the mortgage industry. Sander also described his involvement with Rotary, saying he valued the fellowship and friendships he had made through the club, and noted that his grandfather had been a Rotarian in Seattle.