MidWestOne announces new executives

Elda Macias
Steve Heimermann

MidWestOne Financial Group, Inc., parent of MidWestOne Bank, headquartered in Iowa City, Iowa, added three executives: 

Paul Ho-Sing-Loy, executive vice president and chief information officer, joins MidWestOne from Lakeland Bank, Oak Ridge, N.J. He served in the same roles at Lakeland,where he devised the technology roadmap that assisted Lakeland in scaling from $5 billion to $11 billion. He has a bachelor’s degree in computer science from Cornell University, Ithaca, N.Y.

Steve Heimermann, executive vice president and head of wealth management, joins the bank from Northern Trust Corporation, Chicago, where he served as senior vice president and regional senior investment officer. He has a bachelor’s degree in business, finance/management information systems from the University of Wisconsin-Oshkosh and an MBA from the University of Minnesota, Minneapolis. Heimermann will work at the bank’s Golden Valley, Minn., office.

Elda Macias, senior vice president and chief marketing officer, joins MidWestOne from Securian Financial. Macias has a Bachelor of Arts degree in communications from the University of Texas, El Paso, and an MBA from the University of Minnesota. Macias will work at the bank’s  Golden Valley office.

MidWestOne partnered with The Travillian Group for the chief information officer search, and Caldwell Partners for the head of wealth management.

“These leaders come at a time of significant transformation for the company. We are accelerating the pace of innovation and performance accountability, and as a result, attracting incredible talent to help us deliver on our strategic plan,” said MidWestOne CEO Chip Reeves. “We are uniquely positioned to become the bank of choice for small-to mid-sized businesses and their owners, and these new hires will help us tell that story and deliver an exceptional customer and employee experience.”