BEVERLY HILLS, Calif., Jan. 14, 2019 /PRNewswire/ -- Pacific Western Bank is pleased to announce that Jonathan ("Jon") Lorenz has been hired as Colorado Market President. He will be located in Pacific Western Bank's Greenwood Village, Colorado executive offices.
Mr. Lorenz is leading Pacific Western Bank's efforts to establish and expand commercial banking services in the state of Colorado.
"We are pleased to have Jon on our team, as there is no one more qualified to help us grow our presence in the state of Colorado," said Matt Wagner, President and CEO. "His success in leading CoBiz Financial's banking franchise is a testament to his strong leadership skills and unique ability to build a top tier banking team."
With over four decades of banking and finance experience, Mr. Lorenz most recently served as the Chairman and CEO of Colorado Business Bank and Arizona Business Bank, the principal operating subsidiaries of CoBiz Financial. When Mr. Lorenz joined CoBiz it operated two locations with $100 million in assets, and under his leadership it grew to 20 branches with $3.5 billion in assets. Mr. Lorenz is active in his community, and currently serves on the board of the Colorado Parent & Child Foundation. Mr. Lorenz also sits on the President's Gift Planning Advisory Council at the University of Colorado.
About Pacific Western Bank
Pacific Western Bank is a Los Angeles-based commercial bank with approximately $24 billion in assets. The Bank has 74 full-service branches located throughout the state of California and one branch in Durham, North Carolina. We provide lending and comprehensive deposit and treasury management services to small and medium-sized businesses conducted primarily through our California-based branch offices. We offer additional products and services through our National Lending and Venture Banking groups. National Lending provides asset-based, equipment, real estate and security cash flow loans and treasury management services to established middle market businesses on a national basis. Venture Banking offers a comprehensive suite of financial services focused on entrepreneurial businesses and their venture capital and private equity investors, with offices located in key innovation hubs across the United States. For more information about PacWest Bancorp, visit www.pacwestbancorp.com, or to learn more about Pacific Western Bank, visit www.pacificwesternbank.com.
Kristen Mboijana | Pacific Western Bank | 301.634.6905 | firstname.lastname@example.org
SOURCE Pacific Western Bank