IBERIABANK Corporation Announces Chief Risk Officer

October 15, 2009 4:33 PM EDT

LAFAYETTE, La., Oct. 15 /PRNewswire-FirstCall/ -- IBERIABANK Corporation (Nasdaq: IBKC), holding company of 122-year old IBERIABANK (www.iberiabank.com) and IBERIABANK fsb (www.iberiabankfsb.com), is pleased to announce the naming of James B. Gburek as Executive Vice President and Chief Risk Officer of the Company and each of its financial institution subsidiaries.

Gburek will be responsible for managing internal and external risks associated with the legal area, the dynamic regulatory environment, internal controls and credit. He will oversee Audit, Loan Review, Consumer Compliance, Legal and be the regulatory agency liaison for the organization.

Since 1990, Gburek served in a number of capacities at Wachovia Bank. More recently, he was Managing Director of Wachovia's Latin America and Canadian Corporate and Investment Banking business. He also served as Group Executive for Wachovia's domestic large corporate business development activities for companies located in the Eastern United States. Other roles included Manager of the Midwest District of U.S. Corporate Banking group, Credit Risk Manager for three U.S. Corporate districts and Cash Management Consultant and Sales Manager.

"Jim brings extraordinary talent and unique expertise to our senior management team," said Daryl G. Byrd, President and Chief Executive Officer. "This operating environment calls for additional focus on internal processes, particularly in the audit and compliance areas. By adding talent and resources, we can ensure that we are as refined as we can be to support our growth and plans for continued expansion."

Gburek earned a Bachelor of Music from Oberlin College Conservatory of Music, Master of Music from SUNY at Stony Brook and M.B.A. from Babcock Graduate School of Management at Wake Forest University. Gburek resides near Atlanta with his family.

IBERIABANK Corporation is a multi-bank financial holding company headquartered in Lafayette, Louisiana. The Company has 162 combined offices, including 101 bank branch offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, and Florida, 26 title insurance offices in Arkansas and Louisiana, and mortgage representatives in 35 locations in eight states. The Company's common stock trades on the NASDAQ Global Select Market under the symbol "IBKC" and the Company's market capitalization of approximately $1 billion, based on the closing stock price on October 14, 2009.

SOURCE IBERIABANK Corporation

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