First Dakota National Bank names new president

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First Dakota National Bank has named a new president.

Chief lending officer Dave Kroll has been promoted to the role, succeeding Rob Stephenson, who has served as president since 2010 and continues in his role as CEO.

Kroll joined First Dakota in 2007 as a commercial loan officer and was promoted to vice president and senior vice president of business banking. He has served as chief lending officer and a member of executive management for the past five years.

“Dave has been a driver for First Dakota, and especially our business clients, for the better part of two decades now,” Stephenson said. “I am confident this transition will benefit First Dakota, and I look forward to seeing Dave thrive in the role of president.”

Kroll will continue to serve as chief lending officer and now joins the corporate officer group.

“The promotion is part of First Dakota’s long-term succession plan to maintain the stable long-term leadership of the bank,” the bank said in a statement.

Kroll will continue to be based in Sioux Falls.

“Larry Ness (current director and CEO from 1983 to 2022) has always had an audacious vision for First Dakota, and Rob Stephenson has been our steady hand at the helm for 15 years,” Kroll said. “I realize I’m stepping into some big shoes, but we have an incredible team in place, and I couldn’t be more excited about the direction First Dakota is headed.”

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