The American Bankers Association elected A. Scott Anderson as its chair for the 2021-2022 association year. The election took place during ABA’s annual convention held in Tampa, Fla. Anderson is the president and CEO of Zions Bank headquartered in Salt Lake City. The bank’s 122 locations offer customers a range of financial products ranging from mortgage options to Private and Executive Banking services, in addition to online and mobile banking, across Utah, Idaho and Wyoming.
“Banks are tremendously important to their customers and communities, and I’m grateful for the opportunity to represent our industry as we navigate critical challenges in the year ahead,” said Anderson. “I look forward to working with my colleagues across the country to make sure banks of all sizes can continue to support the nation’s recovery from the pandemic and drive economic growth.”
“With more than four decades of banking experience, Scott is ideally suited to represent America’s banks and their 2 million employees at this critically important time,” said Rob Nichols, ABA president and CEO. “His knowledge of the industry, deep appreciation for the importance of ABA advocacy, and personal commitment to ABA priorities including enhancing diversity at banks and expanding financial inclusion make him a perfect choice to lead the association at this moment.”
In addition to leading Zions Bank as CEO since 1998, Anderson is an active member in the community. He serves on various boards including the University of Utah’s Kem C. Gardner Policy Institute, the Huntsman Cancer Foundation, Envision Utah and Silicon Slopes. Anderson also sits on the editorial board of The Salt Lake City Tribune. On a national level, Anderson is a board member of the Business Committee for the Arts and the Kennedy Center National Committee for the Performing Arts.
Anderson holds a bachelor’s degree in philosophy and economics from Columbia University, and a master’s degree in economics and international studies from Johns Hopkins University.
About the American Bankers Association
The American Bankers Association is the voice of the nation’s $22.8 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard nearly $19 trillion in deposits and extend $11 trillion in loans.