Mutual of Omaha Bank chairman and CEO Jeff Schmid said Barry Major has the background and leadership skills to further leverage the brand and bank in the residential mortgage market.

"His experience in regulatory management and e-commerce as well as the in-depth knowledge of our business and brand he gained as a board member will make him an invaluable member of the bank’s executive leadership team," Schmid added.

Since the inception of bank in 2007, Major has served on the Mutual of Omaha Bank board of directors and resigned from the board to join the bank’s leadership team.

Prior to Nebraska Book Company, Major acted as executive positions at SITEL Corp including executive vice president of finance, chief financial officer and president of the North American Region.

Having over $6bn in assets, Mutual of Omaha Bank is a full-service bank, which offers financial solutions to individuals and businesses across the US.