Stephen Lange Ranzini

Ranzini in February 2014

Stephen Lange Ranzini is president and CEO of University Bank and president and CEO of University Bancorp, Inc.[1] (Listed OTCQB under symbol UNIB.)[2]

At the age of 23, after graduating from Yale University, Ranzini convinced Bank One Corporation to lend to a newly formed corporation of which he was president the monies necessary to buy a bank in a leveraged buyout. He then became the youngest bank holding company president in the U.S.A. in July 1988.[3]

Ranzini served as the U.S. delegate to the United Nations global financial services standards setting body, UN CEFACT TBG5,[4] from April 2003 until July 2011 and during that time served thrice as a U.S. Delegate to the International Organization for Standardization global standards setting body for financial services, ISO/TC 68, from June 2004 to June 2007. He also was a member of the board of directors of the U.S. financial services standards setting body, ANSI ASC X9, from April 2004 to September 2011. He has been a member of the Federal Reserve System's Remittance Coalition, a group of national payment system experts working to eliminate paper check based transactions in the U.S. since its formation in August 2011.[5]

References

  1. ↑ http://www.university-bank.com/bancorp/
  2. ↑ http://www.otcmarkets.com/stock/UNIB/quote
  3. ↑ http://www.university-bank.com/wp-content/uploads/2013/08/UNIB-FAQs.pdf
  4. ↑ List of Members of UN CEFACT TBG5 http://www.tbg5-finance.org/plenarymembers.shtml
  5. ↑ http://www.university-bank.com/wp-content/uploads/2013/08/UNIB-FAQs.pdf


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