12/13/2021

Massachusetts Bankers Association selects William Tsoules as Chief Financial Officer

Press Release

The Massachusetts Bankers Association (“MBA”) has announced the selection of William Tsoules as its next Senior Vice President, Chief Financial Officer.

In anticipation of the planned retirement of the association’s longtime Chief Financial Officer, Francesca (“Fran”) Bertolino, the MBA selected Smith & Wilkinson to manage the search and selection process for its next CFO.  Following an exhaustive search of finance and accounting professionals in eastern Massachusetts with nonprofit or trade association experience, the MBA selected William Tsoules.

The MBA is a 116-year-old, diversified trade association that serves approximately 130 banks in Massachusetts, as well as dozens of Associate members.  The association’s primary purpose is to support its membership through advocacy at the state and federal levels, as well as to provide high quality products and services that enhance the interests of those members, ranging from its group insurance trust to educational seminars.  In terms of its size, diversity of offerings, and overall reputation, the MBA is widely regarded as one of the top state banking associations in the country.  Following the retirement of its longtime CEO, the MBA conducted a national search and in 2020 selected industry veteran Kathleen Murphy as its next chief executive.

Tsoules received his MBA and MS in Accounting from Northeastern University, BA from Wesleyan University, and holds his CPA.  He began his career in the Boston office of PwC, following which he transitioned to nonprofits.  Tsoules has held roles with the Masonic Grand Lodge of California, Joslin Diabetes Center, and most recently as Chief Financial Officer of the Massachusetts Historical Society.  He and his family reside in Jamaica Plain.

“As we worked through the interview process with Kathleen and the team from Mass Bankers, it was clear that while there were other great candidates that could have done the job, Will stood out as someone whose strong technical accounting abilities, insatiable intellectual curiosity, and professional demeanor would be an excellent addition to the senior team.  I’m confident that under Kathleen’s leadership, and in collaboration with the rest of the team at the MBA, that Will is the right candidate to continue the great work being done there in support of banking in Massachusetts.”  Cameron Boyd, Managing Partner, Financial Services Practice.

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