VersaBank Elevates John Asma to EVP Role; Taps Nicolas Ospina as New Global CFO

2025-12-26 04:43:07

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VersaBank (VBNK) made significant leadership changes on Friday, bringing Nicolas Ospina into the newly created position of Global Chief Financial Officer effective January 5, 2026. The appointment supports the company’s strategic pivot toward restructuring as a standard U.S. banking entity.

Ospina arrives with an impressive track record spanning over a decade in banking, financial services, and capital markets sectors. Prior to joining VersaBank, he held positions at Raymond James Financial, Inc., where he developed extensive expertise across multiple financial disciplines.

In parallel, the bank elevated John Asma, who has served as Chief Financial Officer since December 2023, to the role of Executive Vice President (EVP). In his new capacity, Asma will focus on operational oversight and execution of strategic initiatives for the Canadian Digital Banking division, marking a significant step forward in his tenure with VersaBank.

The market responded positively to the announcements, with VersaBank stock closing 2.77% higher at $14.84 on Thursday’s Nasdaq trading session. The leadership restructuring reflects the company’s commitment to strengthening its financial and operational management as it pursues its broader institutional transformation.

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