Safe Systems Announces Todd Bailey as Chief Financial Officer
Industry veteran brings 30 years of banking, compliance experience to new role
June 23, 2015
Alpharetta, Ga., June 23, 2015 — Safe Systems, a national provider of fully-compliant IT and security services for community banks and credit unions, today announced Todd Bailey as chief financial officer to oversee financial operations and reporting for the company.
Bailey brings 30 years of banking and financial regulatory experience to Safe Systems. Previously, he served as executive vice president and chief financial officer for Georgia Primary Bank, where he was responsible for all finance, deposit, human resource and IT operations. While at Georgia Primary, Bailey hired Safe Systems to manage the bank’s IT services, which resulted in a long and mutually beneficial partnership. Bailey has been a member of the Safe Systems advisory board for the past three years.
Prior to Georgia Primary Bank, Bailey held several positions at SunTrust Bank, including first vice president of Operational Risk Management, vice president of Human Resources and vice president of Financial and Regulatory Reporting, respectively.
Earlier in his career, Bailey also served as a statistical report analyst for the Federal Reserve Bank, where he acquired an extensive knowledge of financial regulatory and reporting requirements.
“Todd has widespread experience managing financial and regulatory reporting operations throughout his banking career,” said Darren Bridges, president of Safe Systems. “His expertise and knowledge of regulatory compliance is extremely important to our compliance initiatives. Todd will enhance our capabilities and strengthen our organization’s ability to deliver IT and security services that meet the needs of community institutions.”