People: Tower Financial Corp (TOFC.OQ)

Mr. Michael D. Cahill is President, Chief Executive Officer, Non - Independent Director of Tower Financial Corp. Mr. Cahill has been the Chief Executive Officer of the Company and of subsidiary, Tower Bank & Trust, since July 2008. He has also served as an Executive Vice President of the Company since November 2004 and as the President of the subsidiary since October 2006. Prior to his term as CEO, Mr. Cahill served as Chief Operating Officer for two years, starting in October 2006 and was Chief Financial Officer from June 2004 to April 2007. From 2001 until joining the Bank, Mr. Cahill served as chief financial and privacy officer for Physicians Health Plan of Northern Indiana. Prior to 2001, he served as chief financial and operating officer for CB Richard Ellis/Sturges, a real estate brokerage, leasing, development, management, and appraisal firm. Mr. Cahill holds a degree in accounting from the University of Notre Dame and is a licensed certified public accountant.