Bank hires chief risk officer

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Justin Van Beek Courtesy Macatawa Bank

A West Michigan-based bank hired an executive to oversee its risk management functions.

Holland-based Macatawa Bank said last week it hired Justin Van Beek as senior vice president, chief risk officer (CRO).

“I’m so glad to be back in West Michigan, among the familiar and the new, and to have an opportunity to work with a distinguished group of fellow executives and the great team members at Macatawa Bank,” Van Beek said.

He will be charged with oversight of the bank’s enterprise risk management, including internal audit, regulatory compliance, bank secrecy and anti-money laundering, as well as third-party risk management and information security.

Van Beek has 16 years of experience working in financial services.

Before joining Macatawa Bank, he was the CRO at First National Bank of America in East Lansing.

Prior to that, he worked for 13 years at Crowe as a market leader for the Dallas and Los Angeles bank consulting practices. His responsibilities included client engagement leadership, market, prospect and staff development, and development of new product and service market offerings.

Van Beek holds a Bachelor of Business Administration degree in economics and finance and a Master of Science in accounting from Grand Valley State University.

Macatawa Bank

Founded in 1997, Macatawa Bank offers banking, retail and commercial lending, wealth management and e-commerce services to individuals, businesses and governmental entities.

The bank has about 400 employees at 26 branches in Kent, Ottawa and northern Allegan counties.

Macatawa reported total assets of $2.07 billion in 2019.

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