BOSTON–Leader Bank announced that at its annual shareholders meeting, the shareholders voted to appoint Shawn Tuli as a member of the Board of Directors.
Mr. Tuli brings a wealth of experience in investment and financial management, having played a pivotal role in the growth and institutionalization of HHM Hotels.
Sushil Tuli, Chairman and CEO of Leader Bank, expressed his enthusiasm for the new appointment.
“We are delighted to welcome Shawn Tuli to the Leader Bank Board of Directors. Shawn’s extensive background in investment strategy, financial oversight, and business growth will be invaluable as we continue to expand and enhance our services. His expertise and leadership will undoubtedly contribute to our mission of delivering exceptional banking solutions to our community,” said Sushil Tuli.
Shawn Tuli currently serves as the Chief Investment Officer and Chief Financial Officer of HHM Hotels, a private equity-backed hotel operator with over 200 hotels across North America. Since joining the company in 2010, he has been instrumental in HHM Hotels’ transformation from a family business into a professional services company that caters to global institutions and capital allocators.
In his role at HHM Hotels, Shawn Tuli oversees investment and acquisition strategies, capital raising, business growth initiatives, and finance. He also serves as the Chairman of the Board for the Please Touch Museum in Philadelphia, contributing seven years of service to the community.
Founded in 2002, Leader Bank has grown to become a leading financial institution with $4.4 billion in assets and approximately 350 employees. Committed to providing personalized and innovative banking solutions, Leader Bank continues to support small business owners and immigrants, reflecting its core values of hard work, honesty, and community service.