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Wednesday, Feb 12, 2025

Women of Influence: Finance 2025 – Kimberly Schugart

Custom Content by the Los Angeles Business Journal

KIMBERLY SCHUGART
Senior Vice President; Chief Financial Officer
New Omni Bank, National Association

Kimberly Schugart has significantly impacted New Omni Bank growth and its community-oriented mission through her expert leadership in finance. Since rejoining the bank’s management team in 2018, Schugart has taken on crucial responsibilities, from financial planning and analysis to strategic planning and corporate finance, positioning the bank for sustainable growth and resilience.

One of Schugart’s standout accomplishments is securing nearly $40 million through the US Treasury’s Emergency Capital Investment Program in 2022. In 2023, she capitalized on market volatility surrounding the US debt ceiling to restructure the bank’s investment portfolio, doubling profits on $80 million in US Treasuries by securing extraordinarily high yields on these fixed-income securities.

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