Allegiance in Texas Taps Next Chief Financial Officer

Allegiance Bancshares in Houston has recruited a new chief financial officer.

The $2.4 billion-asset company said in a press release that Paul Egge will become its CFO on Dec. 19. He will succeed Steven Retzloff, the company's president, who was appointed interim CFO when Laurence Lehman III resigned in August.

Previously, Egge was director of capital planning and corporate development at the $9.4 billion-asset Cadence Bank in Houston. Before that he worked in investment banking at RW Baird.

Egge's "financial and capital markets expertise, as was evidenced in his work with Allegiance with our 2015 IPO, will be a great asset to Allegiance and a strong addition to our leadership team," George Martinez, Allegiance's chairman and CEO, said in the release.

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