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Mutual of Omaha Bank Forms Houston-Based Energy Lending Group, Appoints Two Senior Energy Lenders

Contact: Andy Halperin
(402) 351-2903
andy.halperin@mutualofomaha.com
July 6, 2011

FOR IMMEDIATE RELEASE:

Mutual of Omaha Bank Forms Houston-Based Energy Lending Group, Appoints Two Senior Energy Lenders

Mutual of Omaha Bank has hired two senior energy lenders and formed a new Houston-based energy lending group to begin deploying capital in the oil and gas industry, according to Texas State President Robert Strong.

 

George McKean has been appointed manager of energy lending and Edward Fenk has been named senior energy lender. Both are veterans of the oil and gas banking industry and will lead Mutual of Omaha Bank’s energy lending group, primarily financing Exploration and Production (E&P) and Midstream projects.


McKean brings 25 years of experience to Mutual of Omaha Bank, most recently serving as managing director at CIT Group in Houston, where he established a Houston-based energy lending group for the company. He has held senior officer positions at multiple financial institutions, as well as leading energy companies.


McKean earned his bachelor’s degree in Economics from the University of Michigan in Ann Arbor, Mich., and his Executive MBA from Columbia University in New York. He is a member of the Independent Petroleum Association of America, Houston Producers’ Forum and Texas Independent Producers and Royalty Owners Association.


Fenk brings 30 years of oil and gas industry and energy lending experience to Mutual of Omaha Bank, most recently serving as vice president of the Corporate Banking Energy Industry Team at Allied Irish Bank in Houston. He has held senior loan officer positions for several leading financial institutions and has held senior positions at several leading oil and gas E&P companies.


Fenk earned his bachelor’s and master’s degrees from the University of Florida in Gainesville, Fla., and his Juris Doctor from Texas Wesleyan University School of Law in Fort Worth, Texas. He is a Certified Petroleum Geologist by the American Association of Petroleum Geologists (AAPG), a Licensed Professional Geologist in Texas and is a licensed attorney in Texas and New York. Fenk is a member of the Society of Petroleum Engineers, the AAPG, the Houston Geological Society and the Houston Bar Association.


Mutual of Omaha Bank is a full-service bank providing financial solutions to individuals and businesses in communities across the United States. With more than $5 billion in assets, Mutual of Omaha Bank operates a network of community banks and offices in Arizona, California, Colorado, Florida, Iowa, Missouri, Nebraska, Nevada and Texas and has a nationwide deposit services business. It is a subsidiary of Mutual of Omaha, a leading insurance and financial services company since 1909. Mutual of Omaha is ranked among the Fortune 500 with more than $26 billion in total assets and high ratings from leading ratings agencies. For more information about Mutual of Omaha Bank, visit www.mutualofomahabank.com.