The Consumer Bankers Association has elected Iberiabank executive Bob Kottler as its new chairman for 2013, the group said in a press release Thursday.

Kottler, who serves as Iberia's executive vice president and director of retail and small business, will succeed Susan Faulkner, a senior vice president at Bank of America. Faulkner will continue to serve on the board of directors as immediate past president, along with Bank of the West's Andy Harmening, who was named chair-elect, and Mary Navarro of Huntington National Bank, who will serve as counselor to the board.

"In these challenging times, our board's collective years of experience have proven invaluable," CBA President and CEO Richard Hunt said in the press release. "CBA is a member-driven organization and we have ambitious plans to continue to grow and develop our services, thanks to the guidance of our board."

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