Alliant Energy Appoints Mike Dobbins as New CEO, Signaling Leadership Transition and Growth

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3 days ago

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Alliant Energy

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Alliant Credit Union Welcomes New Leadership: Mike Dobbins Takes the Helm

Alliant Credit Union has appointed Mike Dobbins as its new Chief Executive Officer, marking a significant shift in leadership that aims to propel the organization into a new phase of growth and innovation. Dobbins succeeds Interim CEO Ken Schaafsma, who will transition to the role of Chief Risk Officer. The announcement, made on June 26, 2025, follows a comprehensive search executed by the Board of Directors, underscoring the organization’s commitment to strategic leadership during a pivotal time in the financial services sector. Chairperson Lee Achord leads the Board's efforts to ensure that Alliant continues to thrive in an evolving market.

Dobbins comes to Alliant with a wealth of experience spanning over three decades in financial services and fintech. His previous roles include serving as a Venture Partner and Senior Advisor at Framework Venture Partners and holding several executive positions at RBC, Canada’s largest bank. Notably, he has experience as Executive Vice President of Personal Finance and Head of U.S. Banking. Additionally, Dobbins has made significant contributions to Capital One as the Executive Vice President of Consumer Banking. His extensive background equips him with the insights and expertise needed to navigate the complexities of the financial landscape and advance Alliant's mission of providing exceptional service to its members.

In his new role, Dobbins expresses enthusiasm for Alliant's commitment to innovation, member-centricity, and service excellence. He acknowledges the solid groundwork laid by Schaafsma and the existing leadership team and indicates his intent to build on that foundation. The Board of Directors has also recognized Schaafsma's effective leadership during an essential transitional phase over the past eight months, thanking him for his guidance. As Dobbins steps into his position, he aims to leverage his vast experience to further enhance Alliant's digital banking capabilities and overall strategic direction.

In addition to his professional achievements, Dobbins has actively contributed to various boards, including Futurpreneur Canada, Right to Play, and Habitat for Humanity, showcasing his commitment to community service and leadership. His appointment signals a forward-looking strategy for Alliant Credit Union, as it positions itself to meet the challenges of modern banking while remaining true to its core values. The credit union community watches closely as Dobbins prepares to implement his vision for the organization’s future.