HUNTSVILLE, AL (November 19, 2024) |
Redstone Federal Credit Union is pleased to welcome Samarpreet "Sam" Sohi as its new chief financial officer (CFO) and executive vice president (EVP).
Sohi succeeds Wayne Sisco, Redstone’s current CFO and Senior EVP, who is set to retire in March of 2025 after a 38-year tenure.
Sohi is a chartered financial analyst who brings more than 15 years of experience to Redstone. He joins the credit union from Keesler Federal Credit Union in Biloxi, MS, where he served as CFO. He has a proven track record in leading transformational change, developing internal talent, driving digital transformation, optimizing branch networks, managing secondary capital issuance, improving margins, and leading contract negotiations, including those with the NFL’s New Orleans Saints.
“His extensive knowledge and experience with mid-size and large credit unions will be an invaluable asset to RFCU,” says Joseph Newberry, President and CEO of Redstone. “His dedication to enhancing our financial operations will play a key role in positioning Redstone for long-term stability and success.”
When asked what attracted him to Redstone, Sohi speaks with enthusiasm about the company’s culture and its strong track record of financial success. “The opportunity to help the credit union continue growing—especially toward the $10 billion asset milestone—is something that genuinely excites me,” Sohi says. His vision for Redstone’s growth involves organic opportunities and strategic initiatives, positioning the credit union for long-term success.
Redstone is thrilled to have Sohi join the team and looks forward to the future under his leadership.
