Chief Financial Officer
Vectra Bank Colorado
Deborah Wapensky, chief financial officer of Vectra Bank Colorado, oversees all aspects
of managing bank performance, including evaluating operations, pricing and structuring
products, building and leveraging the bank‘s retail network through property acquisitions,
development and sales, and investing in key businesses. Known for her approachable
demeanor, she‘s well respected by the employees and contractors she manages.
Since joining Vectra Bank, Wapensky has implemented many positive changes including
developing a system which automates the bank‘s financial reporting process. The system
makes operations more efficient, provides managers easy access to financial reports, and
allows the finance team to analyze data so they may identify trends and opportunities.
Additionally, her team created a new commercial loan-pricing model used for all loans
with aggregate borrowings over $1 million, which allows lenders to see the full economic
value of all relationships while providing the structuring flexibility that customers‘ desire.
The pricing model is integrated with profitability models which allow bankers to
effectively manage client relationships and understand related risk and return
requirements. Wapensky also collaborated with her manager of facilities to evaluate the
facilities requirements, which enabled the bank to eliminate several leased facilities and
significantly reduce operating costs.
In 2008, the Denver Business Journal recognized Wapensky‘s leadership by awarding
her with its prestigious CFO of the Year for Large Private Companies award. The
newspaper also lauded her work outside the office to support community nonprofits.
Wapensky‘s passion for education led her to serve as chair of the board of the Children's
Museum of Denver. She is also a member of the Women‘s Vision Foundation, for which
she spearheaded the 10th annual Women’s Success Forum in 2007, a leadership
conference attended by more than 1,200 corporate women.
“I enjoy volunteering and most often choose to focus my energies on issues affecting
women and children,” says Wapensky. “I especially love working with children‘s
organizations because educating our younger generations is so critical to the future of our
Wapensky has worked in finance for over 20 years. She is a certified public accountant
and earned her master‘s of business administration degree from New York University.
She earned her undergraduate business degree from the University of Colorado.
Having moved to Colorado from San Francisco at the age of 6 months, Wapensky is
essentially a native of the Centennial State. She loves to travel and has toured Europe
extensively, even working in London for a time. Wapensky and her husband, Chris, and
two young children, Allie and Tyler, keep active. They enjoy spending time together
hiking, biking, golfing and playing tennis.