Dwayne Sieck
MUSCATINE, Iowa, — Dwayne W. Sieck has been elected to the Board of Directors and named CEO of CBI Bank & Trust. Sieck previously served as President of CBI Bank & Trust and now succeeds Gregory J. Kistler as CEO. Kistler retired from CBI after more than 28 years of dedicated service.
The parent company of CBI Bank & Trust, Central Bancshares, Inc., also elected Sieck to the Board of Directors and appointed him President & CEO of Central Bancshares, Inc.
Sieck has been in the financial services industry for 27 years with a focus on banking, investments, and commercial real estate. He completed his second 3-year term on the Kansas City Federal Reserve Bank Board as a Bank Director for the Omaha branch in 2023. Sieck also served nine years on The University of Northern Iowa’s Real Estate Advisory Council, including three years as its Chair. Currently, Mr. Sieck serves on the Iowa Bankers Association Advocacy & Policy Committee and on the Greater Muscatine Chamber of Commerce and Industry Board of Directors.
“We are thrilled to elect Dwayne as our new CEO of CBI Bank & Trust and President & CEO of Central Bancshares, Inc.,” said Daniel Stein, Chairman of the Board. “Dwayne’s strategic vision, passion for innovation, and deep understanding of the financial industry make him the ideal leader to guide CBI Bank & Trust into its next chapter.”
In response to the appointment, Sieck stated, “I am honored to lead CBI Bank & Trust at such an exciting time. I look forward to working closely with the Board, leadership team, associates and clients to build on the company’s strong foundation and drive future growth.”