First Independence Bank Gains New CEO
First Independence Bank, a black-owned bank headquartered in Detroit, is gaining a new CEO: Kenneth Kelly, a former Birmingham executive with experience at Alabama Power Co. and Hands-On Birmingham. Kelly will be responsible for leading the bank's local financial operations and overseeing its management infrastructure. "As chairman and CEO, Kenneth brings deep and experienced business leadership to First Independence Bank," said Linda Forte, board member and chairwoman of the human resources committee. "His knowledge, relationships, and expertise will be extremely valuable in leading the bank's growth opportunities in Detroit." Kelly was recognized in the Birmingham Business Journal's 2001 Top 40 Under 40 Class, and has been awarded the United Way Mervyn Stern Award for his leadership contributions in metro Birmingham.