Invictus Names Adam Mustafa as President to Lead AI Effort

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The Invictus Group®, a data-driven bank strategic advisory firm, has named Adam Mustafa as its new president.  He will lead the company as it evolves its data and analytical capabilities to become compatible with artificial intelligence.  

Mustafa, one of the firm’s founders, had previously been managing director of model development and client services.  The company, formerly known as the Invictus Consulting Group, has rebranded with a new website, logo and mission. It serves the community banking market with a wide array of services, including M&A, stress testing and capital planning and CECL readiness.

“The Invictus Group® is no longer just a consulting company,” Mustafa said. “We are not only about stress testing or M&A advisory services, though we excel in each.  At our core, we are a data and analytics company.  We pride ourselves on being cutting-edge without straying from the pure fundamentals of banking.”

Mustafa, 39, has overseen the design and implementation of customized capital stress testing, capital management and strategic planning systems for banks ranging from under $100 million in assets to those with more than $10 billion.  He will continue to work directly with clients in this new role. He is frequently invited to speak on association and regulatory panels about CECL, CRE concentration risk management and M&A. He has a B.A. from Syracuse University and an MBA from Georgetown University.

The Invictus Group specializes in M&A advisory, capital planning and stress testing and CECL readiness for community banks. Its research and development department is working on a service for bank investors, capital raising solutions for community banks, a loan pricing system, and a loan risk rating system. 

The announcement was made by Invictus Chairman Kamal Mustafa, the former head of global M&A at Citibank.


Community Bankers of Michigan Convention Features Invictus


Invictus Group president Adam Mustafa will address the Community Bankers of Michigan Annual Convention Trade Show in Traverse City on Sept. 13th. The theme of the conference is "Soaring to New Heights." Mustafa  will explain how M&A, when analyzed with the right tools and targeted precisely, can be a solution to troubling trends in the market. Attendees will learn how to strategically position their banks to maximize shareholder value and outsmart their peers.


Invictus CRE Approach Gets Regulatory Nod

Invictus president Adam Mustafa had an FDIC assistant regional director and an OCC examiner nodding in agreement when he told an audience at the New Jersey Bankers Association CRE conference that they should have appropriate CRE concentration risk management processes in place, regardless of regulatory expectations. "Ignore them," Mustafa said of the regulators.  "Do it for the strategic good of the bank."

Mustafa said too many banks approach compliance for compliance sake, which is a big mistake. Banks that integrate stress testing and capital planning into the strategic planning fiber of the their banks end up more profitable and have an easier time persuading regulators that they know what they are doing. Also on the panel was Steve Slovinski, FDIC Assistant Regional Director, and Phillip J. Young, OCC National Bank Examiner.