Heartland chairman, president and CEO Lynn B Fuller said White has a background in regulatory supervision and will prove beneficial as Heartland implements its long term plans for balanced growth and profit.

"Duane’s experience demonstrates a proven executive leadership track record that includes oversight of sales, operations, technology, human resources, legal functions and merger and acquisition activities," Fuller added.

White is currently serving as a founding director and investor in Minnesota Bank & Trust in Edina, which is a Heartland subsidiary established in 2008 with current assets of $127m.

As a partner at Aveus, a management consulting firm, he provides executive level consulting to several firms, focusing on improving performance and enhancing shareholder value with a particular focus on the financial services and health care industries.

Prior to Aveus, he served as managing director at Polihua Holdings and also worked as a consultant to Total System Services (TSYS) and as president of TSYS’s healthcare division.

White served as chief operating officer at Exante Financial Services, director of the specialty finance group at Marquette Financial Companies, executive vice president of corporate services at Arcadia Financial and president of the mortgage subsidiary of US Bancorp (formerly First Bank System).

The company currently has 68 banking locations in 46 communities in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado and Minnesota and loan production offices in California, Nevada, Wyoming, Idaho and North Dakota.