BOK Financial in Tulsa, Okla., has named its new chief credit officer.

The $29 billion-asset company said in a press release Friday that Marc Maun will become its new chief credit officer. He succeeds Stacy Kymes, who was recently named to the newly created post of executive vice president for corporate banking. Maun, who is chairman and market chief for the company's Bank of Oklahoma, will become chief credit officer no later than June 30.

The move comes three weeks after BOK Financial announced the departure of Chief Operating Officer Dan Ellinor. Rather than fill Ellinor's post, BOKF tapped Kymes to fill a position with many of responsibilities formerly held by the chief credit officer.

Maun "has successfully served the company in a number of roles over the past three decades, gaining valuable experience to position him for the role of chief credit officer," Steve Bradshaw, BOK Financial's president and chief executive, said in the release.

Maun has led several divisions at the company, including treasury services, international banking, mergers and acquisitions, and corporate and correspondent banking.

BOK Financial said that John Higginbotham will succeed Maun at Bank of Oklahoma. Higginbotham is president of the company's Oklahoma City market.

Higginbotham "is a proven leader and knows the Oklahoma City market inside and out," said Norm Bagwell, BOK Financial's executive vice president for regional banks, said in the release. "I have every confidence that the transition will be smooth and well received by our clients, employees and the community."

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