Winnebago, Ill.-based Foresight Financial Group added Jeffrey Hultman as president and chief banking officer.
Hultman has worked at HTLF Bank subsidiary Illinois Bank and Trust for the last 13 years, most recently as CEO. He has 30 years of experience in banking and financial services.
Hultman has a bachelor’s degree in business finance from Bethel University and an MBA from Northern Illinois University. A team of bankers is joining Hultman at the $1.58 billion Foresight Financial, including Kyle Logan and Gina Caruana as senior vice presidents of commercial banking; Sarilyn Neiber as SVP, commercial banker; and Eric Magnuson as VP, commercial banker.
“As the sole remaining banking organization with an established Rockford banking charter as well as the largest bank holding company in the Winnebago and Stephenson County region, we are thrilled to welcome these locally focused bankers,” said CEO Peter Morrison. “I am confident that Jeff, along with this new team and our significant existing talent will further strengthen and align our sales and service culture, positioning us to achieve our goal of championing the growth of our local economies by being the leader in the communities we serve.”