Banc of California has appointed Jay Sanders as executive vice president of private banking and also appointed five new senior directors.
Sanders most recently served as the executive vice president and head of wealth management, private banking, and fiduciary services at CIT Bank.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Previously he spent 15 years at Bank of America Merrill Lynch, including as a managing director within its global wealth management and investment unit.
The bank also hired Thomas Smykal, Eric Bacura, Demetrio Kerrison, Ashley Rochester, and Tyler McCalister as senior directors, all of whom joins from CIT Bank.
Banc of California chairman and CEO Steven Sugarman said: "Banc of California's Private Banking Division continues to grow its market share throughout California. We are excited to accelerate this growth by continuing to invest in our team. Jay is an experienced leader who will accelerate the growth of our private banking franchise. We are thrilled to welcome Jay on board.
"We believe today's announcement reflects the broader success we continue to see in attracting high quality talent. Thomas, Eric, Demetrio, Ashley, and Tyler share our values, energy, and passion, and will help us further our mission as California's Bank.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
