Wells Fargo Promotes Head of Native American Banking to Managing Director

Jul 18, 2023Banks & Credit Unions, News

Earlier this month, Wells Fargo promoted Dawson Her Many Horses, a member of the Rosebud Sioux Tribe of South Dakota, to managing director, making him one of the first enrolled tribal members to be promoted to Managing Director at a major U.S. bank, according to a Wells Fargo press release. Her Many Horses first joined Wells Fargo in 2018 as a senior vice president in Middle Market Banking and was promoted to head of Native American Banking for Commercial Banking in 2021.

“Dawson has grown in his career from serving the financial needs of tribal governments and tribally owned enterprises to becoming the go-to national leader helping increase the flow of capital to tribal communities,” said Ruth Jacks, head of diverse segments for Wells Fargo’s commercial bank. “I am excited to see him recognized with this promotion.”

“I’m proud of the work we do with our tribal clients,” he said, according to Bloomberg. “We’re trying to step up in a way that’s meaningful and helpful.”

In addition to his role at Wells Fargo, Her Many Horses is also a member of the Smithsonian National Museum of American History’s board, the Center for Indian Country Development’s Leadership Council at the Federal Reserve Bank of Minneapolis, the chair of the Native American Visiting Committee at Dartmouth College, and founder and chair of the Native American Financial Officers Association (NAFOA)’s Corporate Advisory Committee, where he served on the board for several years.

Wells Fargo noted that it has banking relationships with one-third of federally recognized tribes, which accounts for $4.1 billion in deposits and about $3.4 billion in credit commitments.

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