Stephan Klee
Stephan Klee
Managing Director
Mobile: 302.521.6144

Mr. Klee is a Managing Director in Hovde's Investment Banking Group.  He provides investment banking services, including M&A advisory and capital markets solutions, to depository institutions primarily on the West Coast.  Mr. Klee also has a diverse background and experience dealing with Fintech companies.  Prior to joining Hovde, Mr. Klee most recently was serving as the Chief Financial Officer for SoFi’s Banking Division, which was created through the merger of Zenbanx Holding and SoFi, a strategic transaction between two of the world’s leading Fintech companies. Mr. Klee was instrumental in architecting and completing this business combination. As CFO, he was able to create significant value for both customers and shareholders by establishing Finance as a strategic partner to the business, progressively optimizing the company’s capital structure and leading the operational planning process within a customer-centric and mobile-first framework.

Mr. Klee has more than 15 years of leadership experience in a range of organizations, spanning start-up companies, high-growth firms and institutional organizations. He has successfully steered efforts to build and scale businesses in direct banking, fintech, investment management and full-service banking. Roles and engagements include the U.S., Canada, Europe and Asia. In addition to developing businesses organically, he has led transactions with an aggregate value of more than $30 billion and has directed 100 diligence efforts into a broad range of financial services firms.

In his previous role as SVP Finance at The Bank of Nova Scotia, Stephan had Executive responsibility for all aspects of Finance, Planning and Strategic Initiatives for the bank’s Canadian Banking business with a staff base of 20,000 and revenues in excess of $10 billion.

As CFO at ING DIRECT Canada, he led the strategic review process which ultimately resulted in the sale of the franchise to the Bank of Nova Scotia for a consideration of CAD$3.2 billion, a 70% premium to book value. Subsequently, Mr. Klee conducted a strategic engagement through which the company’s strategy was reformulated to transition the bank from a narrow product franchise to an Everyday Bank. During this time, he had Executive responsibility for a broad range of functions, including Finance, Treasury, Strategic Planning, Legal, Risk and Compliance. He also served as the primary liaison with its chief regulator on behalf of the bank.

In his earlier career, Mr. Klee worked in a variety of roles in strategy consulting, banking as well as the aviation industries. Firms included The Monitor Group, KPMG, Deutsche Bank and Lufthansa Airlines. As part of his responsibilities, he led efforts to implement Balanced Scorecard based management systems that integrate TQM and EVA principles with a number of blue chip clients.

Mr. Klee holds a Bachelor’s degree in business from Wilfrid Laurier University and earned his Masters of Business Administration from the Richard Ivey School of Business. He is also an AMP graduate of the Harvard Business School and is a licensed CPA in the State of Delaware. Furthermore, he is a member of the Institute of Corporate Directors and has served on the Board of ING’s Asset Management and Mutual Funds companies.