ALAN W. DAKEY
*** ***** **** · Millersburg, PA **061 · *******@*******.*** · cell 717-***-****
CHIEF EXECUTIVE OFFICER • PRESIDENT • CHAIRMAN
EXECUTIVE SUMMARY
An accomplished, results-oriented senior executive with expertise in community banking acknowledged for delivering consistent growth in assets and earnings, resulting in a return to shareholders above peers. Demonstrated broad-based competencies include:
· Strategic planning · Regulatory compliance · Acquisitions
· Operations management · Crisis management · Branch expansion
· Organization building · Staff development · Financial management
· Investor relations · Board leadership · Business development
PROFESSIONAL EXPERIENCE
MID PENN BANK, a subsidiary of Mid Penn Bancorp, Inc., Millersburg, PA 1993-2008
A community bank with $552 million in assets and 15 offices.
President and Chief Executive Officer, 1994-2008; Chairman, 2006-2008; Executive Vice President and Chief Operating Officer, 1993-1994
Led the strategic planning process, formulated the organizational vision and direction, initiated growth strategies and oversaw the bank’s expansion from six to fifteen branch locations through purchases and construction, also acquired and integrated an independent bank. Approved and maintained strong expense control systems and maintained a solid asset-liability program. Negotiated vendor partnerships to increase profitability and spearheaded and implemented a multi-faceted brand strategy to cultivate and manage new and existing client relationships with integrity and honesty. Recruited, developed, and coached a strong executive management team committed to advancing future growth and executing strategic initiatives.
· Grew assets from $166 million to $552 million through organic growth, branch expansion, and acquisitions.
· Delivered ROE exceeding peers over the past ten years, averaging 13.24% per annum.
· Increased profitability through fee-income initiatives, including overdraft protection, title insurance subsidiary, third-party investment program, and expanded merchant services program.
· Demonstrated a strong record of regulatory compliance.
· Successful track record of utilizing technology to create customer-focused banking products and internet services.
MID PENN BANCORP, INC., parent company of Mid Penn Bank, Millersburg, PA 2000-2008
President and Chief Executive Officer, 2000-2008; Chairman, 2006-2008; Executive Vice President and Chief Operating Officer, 1994-2000
· Produced total annual return to shareholders of 12.46% over the past five years.
· Enhanced Mid Penn Bancorp, Inc. stock visibility through AMEX listing and recent conversion to NASDAQ (MPB). Developed and managed active investor relations programs for new and existing shareholders and investors.
· Oversaw and maintained a comprehensive corporate governance program, appropriate for a registered corporation.
THE DIME BANK, Honesdale, PA 1973-1993
Fast-track advancement through progressively responsible positions in Community Bank Lending.
Senior Vice President 1986-1993
Led, managed, and strengthened the lending division, directed strategic planning processes, and created a sales culture to aggressively market and cross-sell bank services. Chaired or member of key bank committees, including loan, strategic planning, asset-liability, compliance, and budget.
· Spearheaded lending operations and implemented appropriate administration, policies, and controls to transition from a consumer lending to commercial lending focus.
· Demonstrated ability to overcome severe conditions during the S&L crisis, including operating in a difficult regulatory environment and managing significant challenges to consumer and commercial loan portfolios secured by real estate.
Vice President and Cashier 1984-1986
· Increased installment loans outstanding by 95% in two years through implementation of a third-party loan program.
Vice President and Compliance Officer 1981-1984
· Cultivated relationships with real estate brokers, significantly improving the volume of originations.
· Developed and executed a secondary market program for mortgages.
· Created and led the first institutional program for positive regulatory compliance.
Early Loan and Loan Management Positions at The Dime Bank
Management Trainee and Assistant Loan Officer – 1973-1978………………...Loan Officer – 1978-1981
· Collaborated as part of a team with the Chief Operating Officer to provide organizational stability in the face of fraudulent loan activity which resulted in the termination of the bank president and extreme regulatory pressure.
EDUCATION
Stonier Graduate School of Banking, preeminent executive management school - financial services industry
Masters of Business Administration, Finance, The University of Scranton
Bachelor of Science in Accounting, Bloomsburg University
PROFESSIONAL AFFILIATIONS
Group 5 President, Pennsylvania Bankers Association
Education Committee Chairperson, Pennsylvania Association of Community Bankers
Board Member, West Shore Chamber of Commerce
Advisory Board Member, Bloomsburg University School of Business
SELECTED COMMUNITY INVOLVEMENT
School Board Member with 12 years of service, Millersburg Area School District
Finance and Fund Committee Member, Ned Smith Center for Nature and Art
Marketing and Tourism Committee Co-Chairman, Northern Dauphin County Revitalization Project
President, Wayne Industrial Development Corporation
Various Board and Leadership positions with 20+ years of service, YMCA of Greater Harrisburg and Honesdale