Bank of Luxemburg appoints Stacy Slatky as new CFO

Rachel Kroeger

Staff

November 3, 2025

LUXEMBURG – From after-school employment to her first C-suite position, Stacy Slatky said the Bank of Luxemburg has been her professional home for nearly two decades.

Now, the tenured financial professional said she is celebrating her recent promotion into the role of chief financial officer at the bank.

With the bank’s current CFO, Joe Mauel, retiring at the end of this year, President and CEO Darren Voigt said Slatky stood out in the process of finding his replacement.

Also new to the Bank of Luxemburg leadership team as of 2025, he said Slatky’s tenure and skill set outshone every external candidate’s.

“As I came in and looked to build my leadership team – knowing that Joe was retiring at the end of the year – we did post the position externally,” he said. “Stacy was obviously a strong candidate from the inside, and we couldn’t find a better candidate from the outside than Stacy. She’s got all the skills we’re looking for.”

Working alongside Mauel as a controller for the Bank of Luxemburg – her current position prior to her official induction as CFO in 2026 – Slatky said he helped motivate her to make the leap into leadership.

“Working with our current CFO, [getting] encouragement from him and being able to work with him as a mentor gave me the confidence that [being CFO] definitely should be my next step in my career, and that it’s something I should go for,” she said.

Career in community finance

Starting her career at the Bank of Luxemburg in high school, Slatky said she worked for the financial institution as she pursued higher education as well.

“I worked here all through high school and college, got my accounting degree, [as well as] a business degree [with an] emphasis in finance,” she said.

Throughout the last decade, Slatky said she’s worked in the bank’s accounting department – familiarizing herself with every financial aspect of the organization – in addition to her recent time shadowing Mauel ahead of his retirement.

“I’ve been working with our CFO for the last few months while we transition everything,” she said. “He’s been very supportive to make sure I know everything that needs to be done, and letting me take over certain things already, so I’m comfortable when that transition actually takes place.”

Though a new role, Slatky said, thankfully, her experience as a controller for the Bank of Luxemburg has already exposed her to many aspects of the position.

“Even though I haven’t been making those decisions, I’ve at least been involved to be able to see the process,” she said.

In addition to holding her CPA, Slatky – a Luxemburg native – said she is a University of Wisconsin-Green Bay graduate and a member of the National Financial Managers Society.

“I [also] graduated from Financial Managers School through the Graduate School of Banking,” she said. “That really gave me that strong background [I needed] to be able to make this next step.”

Though a “large step up” from her previous experience in banking, Slatky said support from Mauel, Voigt and the rest of the Bank of Luxemburg team is making the transition as seamless for her as possible.

“It’s nice knowing I have the support of our external leadership team [and] our retiring CFO has offered his support, too, as I transition, to really help me grow into that role,” she said. “It’ll definitely be a learning curve, but definitely something I’m excited for.”

Maintaining, preserving culture

Promoting Slatky from within as opposed to introducing an external hire to the bank’s leadership team, Voigt said, has helped the close-knit community bank further maintain its long-established culture.

“We added her to the leadership team about six months ago, [and] she’s fit in very well with that group,” he said.

Working at a community bank with fellow community members, Slatky said Bank of Luxemburg’s culture is something that’s kept her coming back throughout the years.

“The bank itself has that community feel,” she said. “Even from when I started my career in lower-level positions, you always felt like you could talk to leadership teams.”

Voigt – a 30-year, tenured banking professional – said he also appreciates the culture and atmosphere of working with a smaller team after his time working for “a large regional bank.”

“Coming from a larger organization [and] walking into an organization the size of the Bank of Luxemburg, culture is a huge thing around here,” he said. “The difference in the overall feel of the organizations – being in a community bank is certainly something I enjoy.”

With a more than century-long history of serving local financial needs, Voigt said it’s important for the Bank of Luxemburg’s leadership team to share in its mission and community-minded goals while simultaneously ensuring it evolves into the future.

“[So], we’re really looking forward to seeing all the new and innovative things Stacy is going to be able to bring to the role going forward,” he said.

Having been born and raised in Luxemburg, Slatky said the ability to grow her professional career in the same community she calls home is especially rewarding.

“Everybody [at the Bank of Luxemburg] wants to help you grow and build a career within the bank, [and] you’re [also] helping the people who are in your community outside the bank,” she said. “We have that relationship where they support us and we support them, which is really nice to see.”

For more on The Bank of Luxemburg, visit its website – bankofluxemburg.com.