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Senate committee favorably recommends Mark Packard for reappointment to State Money Management Council
Summary
The Senate Business and Labor Confirmation Committee voted to favorably recommend the reappointment of Mark Packard, president and CEO of Central Bank, to the State Money Management Council after brief remarks about his banking experience and the council’s duties.
Mark Packard, president and CEO of Central Bank, was favorably recommended by the Senate Business and Labor Confirmation Committee on Oct. 14 for reappointment to the State Money Management Council.
Packard told the committee he is a fifth-generation banker and that Central Bank operates 12 community offices in Utah County. "We run a traditional community banking model," Packard said, adding that bank officers handle both deposit and loan functions and that the bank’s strategic goal is to "remain…
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