Zions Bancorporation Names Joseph Reilly Chief Technology Strategist, And Jennifer Smith Chief Information Officer

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Nov 04, 2015, 04:10 ET

SALT LAKE CITY, Nov. 4, 2015 /PRNewswire/ -- Zions Bancorporation (NASDAQ: ZION) announced today that Joseph (Joe) Reilly, who has been serving as chief information officer (CIO), will assume the new role of chief technology strategist. In this role he will focus on technology strategy and planning, architecture, and the delivery of certain strategic technology initiatives, including Zions' multi-year core systems transformation project, which will replace the company's loan servicing and deposit systems. Jennifer Smith will assume the role of chief information officer. She will be responsible for providing the company's banking divisions with technology solutions and operational support. Both will report to the company's president and chief operating officer, Scott McLean and serve on the company's Executive Management Committee.

"Joe Reilly has provided the guiding leadership to launch our core transformation project," said Harris H. Simmons, chairman and chief executive officer of Zions Bancorporation. "The core transformation project is proceeding well, and this change should enable Joe to focus full time on improving the agility of our systems, value creation for the business, and maximizing the value of the company's significant investment in its new core systems."

Simmons continued: "Jennifer Smith has provided exceptional leadership for our enterprise transformation initiatives and all aspects of bank operations for the past several years. In her new role, she will continue to simplify our operations and deliver ongoing technological innovation for our customers and employees."

Zions' president and chief operating officer Scott McLean commented "We are pleased with the progress of our core transformation program and the strong relationship we are building with our primary vendor, Tata Consultancy Services. We look forward to the delivery of the first of three releases in 2016."

Smith has served as director of Enterprise Operations since 2011 and has been responsible for the Customer Care Center, Deposit and Treasury Operations, Enterprise Loan Operations, and Consumer Lending and Card Operations departments. Prior to joining Enterprise Technology and Operations she served as Zions Bancorporation's director of Internal Audit. She also held a variety of senior management roles in technology and operations risk management and internal audit at Wells Fargo. Smith holds undergraduate and graduate degrees in economics from the University of Utah.

Reilly has served as the company's CIO since 2011. He joined Zions in 2001 as director of Architecture and Development, and has held roles as director of Information Systems & Technology and chief technology officer. He was a Bank Systems & Technology 2012 Elite 8 Winner. Before joining Zions, he held senior roles at Bank of America, Xpede, and Alltel Information Services. He is a graduate of the University of Missouri-St. Louis with a degree in business - management information systems.

Zions Bancorporation is one of the nation's premier financial services companies, consisting of a collection of great banks in select western U.S. markets with combined total assets exceeding $55 billion. Zions operates its banking businesses under local management teams and community identities in 11 western and southwestern states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. The company is a national leader in Small Business Administration lending and is a consistent recipient of numerous Greenwich Excellence awards in banking. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices. Investor information and links to subsidiary banks can be accessed at www.zionsbancorporation.com.