Amalgamated Bank of Chicago appoints Nick Weaver new president, chief operating officer

Amalgamated Bank of Chicago (ABOC) has announced the appointment of Nick Weaver as its new president and chief operating officer.

ABOC was founded by the Amalgamated Clothing Workers Union more than 100 years ago and continues to be the premier bank for Labor unions. It’s a full-service bank providing a wide variety of commercial and consumer products and services.

Weaver rejoined ABOC as executive vice president and chief operating officer in September 2023. Prior to rejoining ABOC, Weaver served as executive vice president and director of operations as part of a 23-year track record of strong leadership in banking that also included MB Financial and Old Second National Bank.

“Nick’s relentless drive for innovation, proven ability to inspire employees and deep understanding of the financial landscape make him an invaluable asset to ABOC,” said Robert M. Wrobel, ABOC chairman of the board and CEO. “His leadership will be instrumental in accelerating ABOC’s growth, both internally by fostering a culture of collaboration, and externally by building stronger relationships with our valued customers.”

Weaver succeeds James T. Landenberger, who is stepping down after over 30 years of dedicated service to ABOC. He will remain on ABOC’s Board of Directors upon his retirement.

“Leading ABOC has been an honor and I’m grateful for the opportunity to have contributed to its growth and prosperity,” Landenberger said. “As I move on, I’m excited to see what the future holds for the bank under Nick’s leadership as I know he has the vision, skills, and dedication to take the bank to even greater heights.”

For more information on ABOC, visit www.aboc.com.