Great Western Bank Announces New Executive Vice President of Sales and Service


Great Western Bank is pleased to announce that Ted Parker has accepted the position of Executive Vice President of Sales and Service. Mr. Parker will be responsible for the oversight of branch management, sales and distribution for the bank.

Mr. Parker comes to Great Western Bank with over 25 years of banking experience. He most recently held the position of President of Commonwealth Bancshares in Louisville, KY. His extensive experience in investment banking, asset/wealth management, risk assessment, acquisitions, and equity capital will prove to be extremely beneficial to the bank. Mr. Parker will play an instrumental role in growing Great Western Bank’s business through organic growth, agribusiness and acquisitions.

Ken Karels, President and CEO of Great Western Bank, stated, “Ted will bring a great deal of experience and insight to this position. We are excited to have him join the Great Western Bank team.”

Mr. Parker completed his undergraduate degree at Lake Forest College and received his MBA and law degree (JD) from Indiana University. Mr. Parker will be joined by his wife and three children in Sioux Falls, SD.


About Great Western Bank

Great Western Bank is a high-performing community bank with over $8 billion in assets.  With our executive offices located in Sioux Falls, SD, we have nearly 200 banking locations and a banking presence in seven Midwestern states across the US.  Great Western Bank’s parent company, National Australia Bank Limited (NAB), is an international AA rated financial services organization that provides a comprehensive and integrated range of financial products and services.

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