Quad City Bank & Trust CEO retiring

Anderson is a 40-year veteran of the banking industry, with 26 totals years at QCBT, including 17 as CEO. Under Anderson’s leadership, QCBT saw significant growth and prosperity, according to a news release.

When he first took the helm in 2007, QCBT had a total asset size of $600 million. That has now grown to $2.6 billion today. In the same time, QCBT has grown from No. 10 in market share to No. 1, the release said, and the number of employees has increased to 155. QCBT’s Trust Department has also grown, with $5 billion in assets under management and $5 billion in safekeeping assets.

Anderson has been active in the Quad-Cities community throughout his career as well, serving on various boards including at St. Ambrose University, Genesis Foundation, Vera French, Community Foundation and Diocese of Davenport Foundation. 

“It has been an amazing journey from my first job as a cash vault teller at Davenport Bank to serving as CEO of QCBT for the past 17 years. I have been able to witness the impact that a community bank has on the community, and it has been a gift. Watching the Quad Cities grow and prosper has been a personal blessing for me,” Anderson said in the release.

Anderson’s retirement will become official as of January 3, 2025. Laura “Divot” Ekizian will be the next CEO. She has served as president and chief relationship officer for QCBT for the past 4 years of her 24-year tenure at QCBT.

“While I am excited and honored to serve QCBT in the role of President and CEO, I am also mindful of the legacy (Anderson) has imparted on this company,” Ekizian said. “His commitment to the Quad City community and to our work as a community banking organization is what we will continue to focus on. I am looking forward to working with our entire team at QCBT to continue our 30-year history of serving this community and being worthy of our name.”