US-based Thread Bank has hired Marty Miracle as its new chief digital officer, where he will be tasked with leading the development and implementation of Thread's digital strategy, building on its integrated banking, corporate and personal solutions.

Miracle joins form Sutton Bank, which he joined in 2019, having most recently serving as chief technology officer.

During his time at Sutton Bank, he was responsible for leading the end-to-end transformation of the bank's technology and digital platforms; integrating AI, automation and the modernisation of core banking services; and establishing key corporate functions such as information security, risk management and technology strategy.

He has also previously worked for renowned companies such as consulting firm AtredisPartners, financial services firm Synovus and software company RiskLens, where he held executive positions focused on risk management, strategy and security.

In his new role, Miracle will also oversee IT engineering, infrastructure and security functions to drive innovation and expand the integrated banking platform, ensuring system resilience and regulatory compliance and enabling seamless integrations with banks, middleware providers and compliance partners.

The move comes as the company seeks to further strengthen its commitment to digital transformation and technology-driven growth.Chris Black, chief executive and president and board member of Thread, said that Miracle brings “visionary leadership” that will help strengthen the company's commitments.

“As we continue to evolve, Marty’s leadership will be essential to shaping the future of our technology capabilities and delivering seamless, secure, and scalable banking experiences to our partners and customers,” he added.

Thread Bank, a wholly owned subsidiary of Thread Bancorp, Inc., is a bank that provides integrated and digital banking services nationwide and local banking services in the US.

“I’m thrilled to join Thread as it continues to set the standard for how community banks can succeed through embedded banking,” said Miracle.

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