Broadway Financial Corporation announced appointment of Zack Ibrahim as Chief Financial Officer of the Company. Prior to joining City First Broadway, Mr. Ibrahim was most recently Executive Director, Head of Corporate Finance at Texas Capital Bancshares Inc. (TCB) where he led TCB?s Expense Program designed to achieve targeted financial objectives by 2025, as well as projects to develop various strategic roadmaps for scaling the finance department in support of the TCB?s growth strategy, including implementing the Oracle EPBS financial platform and enhancing TCB?s pricing tool system for all lending, capital markets, and deposit pricing decisions. Previously he was Senior Vice President, Senior Director of Finance at TIAA Bank from May 2019 to April 2022, where he was responsible for financial management and regulatory reporting for multiple departments, which included responsibility for month-end and quarter-end close reporting, maintenance of general ledger accounts, reconciliations between financial and management reports, and managing the deposit and lending pricing models for Consumer and Commercial Banking.

Mr. Ibrahim?s career spans over 20 years and includes experience at other large financial institutions, including Northern Trust Corporation, Regions Financial Corporation, and M&T Bank Corporation. He earned an M.B.A. with a concentration in Finance and has a Green Belt Certification in Six Sigma process improvements. This appointment was made, and became effective, as of May 15, 2024.

New executive will be based in Washington, D.C. As previously announced, Brenda J. Battey, Chief Financial Officer will retire by the end of the second quarter.