LOUISVILLE, Ky. — Two members of the board of directors of Republic Bank & Trust Co. and its parent company, Republic Bancorp, Ernest W. Marshall Jr. and George Nichols III, were recently recognized among SAVOY Magazine’s 2021 Most Influential Black Corporate Directors.
Marshall has more than 24 years of global HR experience, currently serving as the executive vice president and chief human resources officer for Eaton, a $21 billion power management company with more than 90,000 employees globally. Prior to Eaton, Marshall served as the vice president, human resources leader for GE Aviation. He currently also serves on the boards of the Rock & Roll Hall of Fame and Kindway organization, and is also a member of Bellarmine University’s board of trustees.
“Supporting diversity, equity, and inclusion initiatives and making sure our future leaders are equipped to succeed is so important to me,” Marshall said. “Seeing Republic’s leadership embrace it in all areas of the bank has been inspiring and is one of the many reasons I got involved on the board.”
Nichols has spent nearly three decades in the financial services industry and currently serves as president and CEO of The American College of Financial Services in Pennsylvania. Prior to this role, he served in various senior leadership roles with New York Life Insurance Co. during a 17-year tenure. Nichols also has strong ties to Kentucky, including having served as the first African American insurance commissioner for the state of Kentucky, leading the regulation of the state’s $10 billion insurance industry.
“I’m so humbled and honored to receive an award that celebrates Black leaders who are making a difference,” Nichols said. “Leadership is about investing in people and it’s an honor and privilege to help guide a community bank that is so dedicated to its associates and customers.”
Republic Bancorp is the parent company of Republic Bank & Trust Co. The bank currently has 42 full-service banking centers throughout five states. The company has approximately $6.2 billion in assets and is headquartered in Louisville.