2021 Vol 105 Issue 1

Hoosier Banker 25 4VSYHP] Presenting The 2021 IBA Board of Directors The activities of the Indiana Bankers Association operate under the guidance of the Association’s Board of Directors. Acting as the governing body of the IBA, the board consists of 17 members: three elected officers, one past chairman, the Association president/CEO, two representatives of national associations, the Future Leadership Division president, a non-Indiana headquartered bank director, and eight regional and at-large directors. Currently there is one vacancy, to be filled shortly. The functions of the board are to develop IBA policy and to establish long-range goals and objectives. The board also helps determine the IBA’s legislative programs and positions on banking-related issues. The IBA board acts with the same authority as the board of a bank or a corporation. An executive committee – consisting of the chairman, first and second vice chairmen, immediate past chairman, Association president/CEO and two appointed directors – is authorized to act in lieu of the board between regular board meetings. Officers serve one-year terms and are elected by the membership at the IBA Annual Convention. Members of the 2021 board assumed their positions on Jan. 1. Following are the IBA officers: 1MOI >ELR Michael S. Zahn, IBA chairman, is president and CEO of First Federal Savings Bank, Huntington. He joined the bank in 1996 and was named president in 2005 and CEO in 2011. Zahn is a board member and past president of the Huntington University Foundation and a member of the board of directors of Huntington County Economic Development. Additionally, he is a past member of the board of trustees for Huntington University and past chair of the United Way of Huntington Capital Campaign, the Bowen Center, the Optimist Club, Parkview Huntington YMCA, Huntington County Junior Achievement, Huntington County Chamber of Commerce and Lime City Economic Development. Zahn has served the IBA as first and second vice chairman and as northeast region director. He earned an undergraduate degree from Indiana University and an MBA from the University of Notre Dame. Mike Zahn presides over an IBA board meeting that took place in early 2020. FEATURE

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