Kenneth E. Lako

Kenneth E. Lako serves as the President and Chief Executive Officer of Members Trust Company.

Prior to his appointment at Members Trust Company, Mr. Lako served as Managing Director of Specialty Fiduciary Solutions & Trust Administration for Comerica Bank & Trust. In that role, he was Comerica’s national leader for specialty fiduciary solutions and private wealth administration. His responsibilities included oversight of trust/agency administration, estate settlement, special needs solutions, charitable services, IRAs, irrevocable life insurance trusts, specialty asset administration, trust tax services, and trust closings.

From 2011 to 2021, Mr. Lako served as Managing Director and Senior Director of Investments & Fiduciary Services, most recently for the Southern and Western Regions for Wells Fargo Wealth & Investment Management. In that capacity, he achieved growth by leading client experience, team development, and risk management for the combined regions’ $65 billion AUM fiduciary platform, with a ten-person fiduciary management team and an over-200-person regional staff.

From 2008 to 2011, Mr. Lako was Wealth Management Director for Wells Fargo Wealth & Investment Management. Based in San Diego, California, he managed regional fiduciary teams and financial planners, and led all aspects of the trust and fiduciary business, including business growth, risk management, employee recruiting and retention, and development of strategic partnerships.

Mr. Lako has a Juris Doctor degree from Western State University College of Law and a Bachelor of Science (Economics) degree from Arizona State University.