Alpha Rho Chapter Alumni Association's Spring 2022 Digest
Liberty B&T's Brother Todd O. McDonald (Spring 2001) Succeeds Father As President At Nation's Largest Black-owned Bank
NEW ORLEANS — The board of directors of Liberty Bank and Trust Company have announced that Todd O. McDonald has been named the bank’s president effective May 2. Current Liberty President and CEO Alden J. McDonald Jr., Todd’s father, will continue to lead the Liberty Financial Holding Company.
The younger McDonald, who is 41 years old, takes the reins of an iconic financial institution with more than $1 billion in assets. He joined Liberty in 2003 after earning an undergraduate degree from Morehouse College. He received an MBA from Northwestern University’s Kellogg School of Management in 2013.
📸 Pictured at left: The Legacy Continues! On April 26, 2022 the Board of Directors of Liberty Bank and Trust Company and CEO Alden J. McDonald, Jr. announced that Todd O. McDonald has been named the Bank’s President effective May 1, 2022.