Dr. Balog became chairman of BOK Capital effective September 1, 2009. BOK Capital began as a private non-profit trust began in 1898 to promote family business and value centered higher education by the Essington estate. In 1979 the trust purposefully pursued commercial interests maintaining the same value set that guided us from our earliest days.
Dr. Balog will continue to administer the education and technology sectors of the enterprise.
BOK Resources, the operations entity of our parent trust has confirmed by a vote of confidence at our Q3 2009 board meeting that in spite of a difficult investment and global business climate that our mid-market M & A and educational businesses will remain in our portfolio for the foreseeable future.
