SAN FRANCISCO, Aug. 6, 2012 /PRNewswire/ -- Bank of the West today announced that Scott A. Anderson has joined the Bank as Chief Economist. In this role, Anderson will analyze international, national, and regional economic trends and provide forecasts for Bank of the West management, business lines and clients. He will also represent the economic views of the Bank in public forums.
Prior to joining Bank of the West, Anderson was a director and senior economist at Wells Fargo where he contributed to the Wells Fargo Economics' macroeconomic forecast. He was also the author of the California and Minnesota Outlook reports, and a contributor for the Weekly Economic & Financial Commentary and the Monthly Economic Outlook reports. In addition to his analysis of the U.S. economy, Anderson has also covered the major economies of Europe and Asia, most recently covering Japan, Singapore, South Korea and Taiwan.
"We look forward to the insights and expertise that Dr. Anderson will contribute greatly to our clients and our Bank, particularly on key trends in the global economy," said Michael Shepherd, chairman and CEO of Bank of the West. "He brings tremendous experience as an economic advisor in the financial services sector, a role of great importance in these uncertain times."
Prior to joining Wells Fargo in 2001, Anderson held positions at Moody's Analytics and the International Monetary Fund. He received his bachelor's degree in economics from the University of Minnesota, and his masters of philosophy in economics and his doctorate in economics at George Washington University. He was appointed Vice-Chairman of the American Bankers Association Economic Advisory Committee in 2011 and to the Minnesota Council of Economic Advisors in 2010. Among his numerous professional affiliations, Anderson is a member of the Federal Reserve's Survey of Professional Forecasters, and the National Association of Business Economists' Macroeconomic Forecasting Panel. Also, he was recently named one of the Top 10 economic forecasters in the country by USA Today.
About Bank of the West
Founded in 1874, $62.7 billion-asset Bank of the West (www.bankofthewest.com), member FDIC and equal housing lender, offers a wide range of personal, commercial, wealth management and international banking services. The bank operates more than 700 retail and commercial banking locations in 19 Western and Midwestern states. Bank of the West is a subsidiary of BNP Paribas, which has a presence in 80 countries with nearly 200,000 employees.
SOURCE Bank of the West