(17) Mylle Mangum

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CEO, IBT Enterprises

October 15, 2007

Banking consultants IBT Enterprises are ranked 17th in this year's Catalyst Awards. CEO Mylle Mangum had been in charge of strategic management at Holiday Inn when she joined IBT in 2003.

The company's business model — offering integrated services like diversity programs, coaching, retail distribution strategies that help banks grow more profitably — intrigued her. IBT is, as they put it, the "energy behind retail results.”

Two years later, Mylle had bought out her partners. IBT follows the GE management and employee training and operations model; Mylle worked at GE right out of Emory and eventually ran a $4 billion marketing segment, and left to run the first president of BellSouth International.

Mylle bought out her partner at IBT in 2005, and undertook a turnaround without expanding headcount. "Grow the top line and squish the middle. Increase employee productivity, and revenue falls to the bottom line.”

IBT grew organically until an acquisition late last year expanded their services into bank branch design and construction.

IBT now has 600 clients and projects at 3,700 branches. Mylle leads with, as the interviewer for this award put it, a culture of success.

ibtenterprises.com

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