Niel Devasir brings 20 years of financial industry experience to Cornerstone Advisors. He is an accomplished executive leader with experience spanning public Fortune 125 firm, Capital One; private equity owned financial services companies; top 3 credit union in Minnesota; and top 10 credit union in Wisconsin. As Executive Committee Member, Board Member, Executive Vice President of Fulfillment Operations, and Chief Information Officer, Niel has a track record of building high growth and operationally efficient companies by leading mergers and acquisitions, and overseeing operations, technology, corporate procurement, and analytics functions.
Most recently, Niel served on the Executive Team of Spire Credit Union – Minnesota’s third largest credit union by membership – overseeing all aspects of technology and vendor management. He initiated the biggest voluntary merger in the history of Minnesota for Spire and subsequently led three successful mergers in three years. Through his proactive and diligent corporate vendor management he saved $8.6 million for Spire.
Minneapolis-Saint Paul Business Journal awarded him the prestigious 40 Under 40 award for outstanding business and community leadership. Niel serves as Board Chairman of Christian Recovery Center, and is a Board Member for the Red Cross of Minnesota.
Niel holds a Bachelor of Science degree in Manufacturing Engineering from PSG College of Technology, Coimbatore, India; a Master of Science in Industrial Engineering degree with a minor in Management Information Systems from Texas Tech University, Lubbock, Texas; and a Master of Business Administration degree from Bethel University, Saint Paul, Minnesota.