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Dr. Edmond Seifried Joins Sheshunoff Consulting + Solutions

Date: 11/06/2008

AUSTIN, Texas, Nov. 6 — Sheshunoff Consulting + Solutions, a leader in consulting services and proprietary technology solutions for the banking industry, today announced that Dr. Edmond Seifried has joined the company as Executive Director of Sheshunoff Affiliation Programs.

For nearly 30 years, Dr. Seifried served as Professor of Economics and Business at Lafayette College in Easton, Penn. He is also the dean of the Virginia and West Virginia Banking Schools, and is a faculty member at Stonier Graduate School and The Academy of Professional Banking at Sheshunoff. Additionally, Dr. Seifried is the Chief Economist for m.rae resources Inc., a community bank investment firm.

Dr. Seifried has delivered more than 2,000 presentations to audiences in the U.S. and abroad, written numerous articles published in banking, academic and industry journals, and co-authored “The Art of Strategic Planning” and “The Art of Risk in Community Banks.” Dr. Seifried has also traveled extensively in the former Soviet Bloc countries, serving as an advisor and consultant to newly privatized commercial banks.

“Dr. Seifried brings a vast amount of experience in banking and economics to the Sheshunoff Affiliation Programs,” said Gabrielle Sheshunoff, CEO of Sheshunoff Consulting + Solutions (SCS). “He is highly respected by the banking community for his astute opinions and predictions about the industry, as well as his willingness to share his ideas. We are eager to learn from Dr. Seifried, and are confident that his direction will help enhance Sheshunoff’s position as a thought leader in the banking industry.”

Specifically, Dr. Seifried will serve as a consultant to the Sheshunoff Affiliation Programs and to the Sheshunoff Academy of Professional Banking. He will participate in the programs, interacting with bankers about their specific challenges and everyday obstacles. Dr. Seifried will provide input to the strategic planning process and marketing for the SCS Affiliation Programs and Banking Academy.

“I am eager to assist Sheshunoff with its Affiliation Programs,” Dr. Seifried said. “Over the past few years, I have had the opportunity to discuss my views on the economy with the Affiliation members. Now, I’ll have an expanded role as part of a team that works on developing the all-important content of each program.

“Historically, the Affiliation Programs have served as a valuable resource for bank executives,” Seifried continued. “Today, our industry is entering a new and uncharted era. We need to both maintain the relevance of the programs, and at the same time, enhance their content in response to the changing banking climate. I’m looking forward to the challenge.”

About Sheshunoff Consulting + Solutions

For more than 30 years, Sheshunoff Consulting + Solutions has been a leading financial services industry consulting firm. SCS enhances its consulting services with proprietary technology solutions, and also offers its financial industry customers executive development programs and investment banking services. Sheshunoff is a trusted advisor to the banking industry, providing institutions with the tools they need to improve profitability, optimize business processes, manage risk, maximize technology and meet regulatory requirements. Ultimately SCS positions institutions for long-term growth.

SOURCE Sheshunoff Consulting + Solutions