IRVINE, CALIF. (May 25, 2017) – Ash Patel, President and Chief Executive Officer of Commercial Bank of California (CBC), has been elected to the board of directors of the Western Bankers Association (WBA). In this important new role, Mr. Patel will lend his energy, vision, and leadership skills to one of the banking industry’s leading advocacy and education trade associations.
“We are very pleased to welcome Ash Patel to the Western Bankers Association’s board of directors,” said Simone Lagomarsino, president and CEO of the Western Bankers Association. “Ash has been an active member of the association for several years, and with a banking career spanning many years, we look forward to the leadership and guidance he will provide to us in this new role.”
“I am honored to have been elected to serve as a board member of the Western Bankers Association. These are exciting, but challenging times for our industry,” said Mr. Patel. “I look forward to working with the WBA board and staff to deliver highly effective advocacy and professional development programs of the highest quality to our members.”
Mr. Patel has served the banking industry for more than 25 years and has evolved from a banker with an entrepreneurial drive to a seasoned CEO focused on inspiring his team and clients to achieve their dreams. Under his leadership, CBC has experienced significant growth, from approximately $200 million in assets in 2013 to approximately $869 million as of December 31, 2017. This growth was accomplished both organically and through the acquisition of National Bank of California.
Mr. Patel and the team at CBC endeavor to build a bank that does not exist today, with a focus on offering a high touch experience combined with high technology solutions. He has been at the forefront of critical industry conversations surrounding FinTech and how traditional banking organizations need to evolve to embrace new technology. Mr. Patel plans to bring his innovative approach to banking to the board and members of WBA.
About Commercial Bank of California
CBC is a full-service bank serving the business and professional communities of Los Angeles and Orange counties. Recognized as a BauerFinancial, Inc. “Five-Star Bank” for its financial strength and stability, CBC provides the financial expertise of a major bank while maintaining a commitment to personalized service for every CBC customer. More information about CBC’s custom solutions for your business is available at www.cbcal.com.
About the Western Bankers Association
In 2018, the Western Independent Bankers merged with the California Bankers Association to create the Western Bankers Association. Now, with more than 200 years of combined experience serving banks in the West, the Western Bankers Association is one of the largest state-banking trade associations and regional educational organizations in the United States. WBA provides leading service and support to member banks throughout the Western States through two divisions:
· The California Bankers Association (CBA), the California state and federal advocacy division, is the advocate of the California banking industry for needed legislative, regulatory and legal changes.
· Western Independent Bankers (WIB), the professional development division, offers dynamic conferences, training seminars, and more than 250 webinars and enhanced education events for member banks. Conferences that have historically been offered by the CBA are now marketed and delivered by the WIB division of the WBA.