Panacea Financial names Ryan Gorney as new CTO

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Panacea Financial names Ryan Gorney as new CTO
Panacea Financial names Ryan Gorney as new CTO

Focusing on implementation, compliance, and allocation, Gorney will lead Panacea’s technology strategy as its new CTO.

Ryan Gorney has been named as the new chief technology officer (CTO) by Panacea Financial, a digital financial services company for medical practitioners in the US.

Providing loan, banking, and insurance services to healthcare professionals, Panacea, founded in 2020 and based in Arkansas, USA, operates as a division of Primis, one of the largest banks in Virginia.

Focusing on implementation, compliance, and allocation, Gorney will lead Panacea’s technology strategy as its new CTO. Panacea’s pursuit of digitalization has most recently resulted in a partnership with banking technology provider Bankjoy, which it tapped last September for a full suite of digital banking solutions.

Including online account opening features and eliminating the “unique financial stressors” incurred by healthcare professionals, the partnership would enable it to provide its “growing client base” with modern digital banking tools, as it had said at the time.

Also, doctors Gregory Payne, Bi Awosika, and Tony Casillas were added to its board in November.

This month, Gorney joins the company from Florida-headquartered Seacoast Bank, where he served as EVP, CTO, and chief innovation officer. His transition to the role happened following Seacoast Bank’s January 2023 acquisition of Coral Gables-based Professional Bank, where he had previously worked as EVP chief information officer since late 2018.

Serving first as senior manager between 2012 and 2014 and later as executive director of FSO between 2016 and 2018, his professional experience also extends to two separate stints at EY. He also served as SVP and head of digital channel technology for Ohio-based regional bank KeyBank in the two years in between, where he took charge of its digital technology modernization strategy.

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