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American Momentum Bank, a privately held bank with $2.8 billion in assets and operations in Texas and Florida, today announced the appointment of Robert “Bo” Scott as president and chief executive officer. Scott succeeds longtime executive James Wolfe, who will remain on the bank’s board of directors.

Scott joins American Momentum Bank from Sunflower Bank, where he served as chief banking officer. He brings more than two decades of banking experience, including extensive executive leadership roles at both regional and national financial institutions.

“I am thrilled to welcome Bo as the next leader of American Momentum Bank,” said Donald Adam, founder and chairman. “Our commitment has always been to serve our customers, their businesses, and the communities where we operate. Bo is deeply aligned with our vision and mission and is well-positioned to lead the bank into its next phase of growth and success.”

Scott began his banking career in 2000 following his service in the U.S. military. Over the course of his career, he developed a strong track record of leadership, strategic growth, and operational excellence.

“I am honored to join American Momentum Bank and to work alongside Donald Adam,” Scott said. “The bank has built a strong foundation and a reputation for relationship-driven banking that positions us well for continued success. I look forward to partnering with our associates to foster a high-performance, client-focused culture—one that empowers our teams and deepens relationships. Together, we will continue to drive sustainable growth across our markets and deliver exceptional value to the clients and communities we serve.”

Originally from Peoria IL, Scott holds a Bachelor of Science in Business Administration and Management from Southern Illinois University. He is also a graduate of the Pacific Coast Graduate School of Banking. He and his wife have three children. As a veteran of the US Army, Scott has served on multiple boards focused on veteran initiatives and causes. 

American Momentum Bank retained Lehman Associates of Austin to conduct the executive search that resulted in Scott’s appointment.