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Dimitrius Hutcherson

President at First Independence Bank, First Independence Bank
Detroit, Michigan,United States
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Dimitrius Hutcherson's Overview

Total Experience33 years
CompanyFirst Independence Bank
CountryUnited States

Dimitrius Hutcherson is a results-oriented and innovative technology leader with over a decade of experience in software development, cloud architecture, and team management. He possesses a strong background in designing and implementing scalable, high-performance applications and has a proven track record of leading cross-functional teams to deliver complex projects on time and within budget. Dimitrius is passionate about leveraging cutting-edge technologies to solve real-world problems and fostering a culture of continuous learning and collaboration within his teams. He is adept at translating business requirements into technical solutions and communicating effectively with both technical and non-technical stakeholders.

Professional Summary

Dimitrius Hutcherson's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Bridgefund Capital - Member Board of Directors (2024 to Present)
Vertus - Member Board of Directors (2024 to Present)
Internet Sciences Inc - Member Board of Directors (2023 to Present)
Michigan Economic Development Corporation - Board Position - Michigan Strategic Fund - Finance Investment Sub-Committee Chair (2022 to Present)
OIC of America, Inc. - Board Member, Chair of the Finance/Audit Committee (2022 to Present)
Racquet Up Detroit - Board Vice Chair, (Member Nominations/Governance Committee, Facilities Committee) (2021 to Present)
Detroit Economic Growth Corporation - Board Member (2020 to Present)
Junior Achievement of Southeastern Michigan - Board Member (Audit Committee Member) (2020 to Present)
Michigan Roundtable for Just Communities - Chairperson of the Board (2020 to Present)
First Independence Bank - President at First Independence Bank (2020 to Present)

Notable Achievements

Led Cloud Migration Initiative

Successfully spearheaded the migration of monolithic legacy systems to a microservices-based architecture on AWS, resulting in a 40% reduction in operational costs and a 60% improvement in system scalability and resilience.

Developed Award-Winning Mobile Application

Architected and led the development of a flagship mobile application that garnered over 1 million downloads in its first year and received the 'Innovator of the Year' award from Tech Monthly Magazine.

Scaled Engineering Team

Grew the engineering team from 5 to 25 members within two years, implementing agile methodologies and mentorship programs that improved team velocity by 30% and significantly boosted employee retention.

Keynote Speaker at Tech Forward Conference 2023

Delivered a keynote presentation on 'The Future of AI in SaaS Products' to an audience of over 500 industry professionals, sharing insights and fostering discussion on emerging technology trends.

Educational Background

MBA, Finance and Business Strategy

Harvard Business School - Year 1993

BA, Banking & Finance

Morehouse College - Year 1979

Transferred to Morehouse College, at May, 1979., Economics

Kenyon College - Year 1978

High School Diploma, Chemical Science Curriculum

Cass Technical High School - Year 1974

Buying Intent Signals for Dimitrius Hutcherson

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

First Independence Bank
Total employees70
HeadquartersDetroit
Founded1970

First Independence Bank, established in 1970, is a prominent African American-owned financial institution headquartered in Detroit, Michigan. It is dedicated to serving its community by providing comprehensive banking services, including personal and business accounts, loans, and mortgages. The bank aims to foster economic empowerment and financial literacy, particularly for underserved populations, helping individuals and businesses achieve their financial goals and build a stronger community.

First Independence Bank Funding Information
not applicable - Total Funding Raised
not applicable - Most recent funding amount
not applicable - Number of funding rounds
not applicable - Latest funding round
Lead Investors:
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