Banc of California Announces Commercial and Private Banking Expansion in San Diego

SANTA ANA, Calif., March 20, 2018 /PRNewswire/ -- Banc of California announced today it has expanded its San Diego commercial banking and private banking teams.  The Company hired Joubin Rahimi as Senior Vice President, Private Banking and promoted Joshua Mello to Vice President, Commercial Banking Relationship Manager:

• Joubin Rahimi joins Banc of California from First Foundation Bank, bringing over 19 years of banking experience, primarily within the San Diego area, including previous experience at First Republic Bank, Comerica Bank and Wells Fargo Bank.  Mr. Rahimi holds a B.A. in Economics from San Diego State University and a J.D. from the Thomas Jefferson School of Law.
• Joshua Mello previously served for over four years as Vice President, Branch Manager for Banc of California's La Jolla and Rancho Santa Fe offices.  Mr. Mello brings over 10 years of banking experience, previously with J.P. Morgan Chase and Bank of America.  Mr. Mello holds a B.S. from Johnson & Wales University.

Mr. Rahimi and Mr. Mello will work with Steve Cusato, who serves as Market Executive for San Diego and maintains responsibilities for all of Banc of California's commercial banking business throughout San Diego County.  Mr. Cusato leads the commercial banking group in San Diego, and maintains broader responsibilities for client relationship management and community engagement and recruiting for all of the bank's business activities in San Diego.  Mr. Cusato joined Banc of California in early 2017 and previously worked with City National Bank where he served as Senior Vice President and San Diego Market Leader.

"As a long time San Diegan, I am thrilled to continue the expansion of Banc of California's team in San Diego and to help serve more of San Diego's businesses and entrepreneurs," said Steve Cusato, San Diego Market Executive for Banc of California.  "Banc of California has built a terrific reputation within California's business community and I look forward to continuing that trend of excellence in San Diego.  I am excited to work with a dedicated team who shares our focus on delivering an unparalleled client experience which reflects the values and spirit of innovation that are the hallmark of California."

Mr. Rahimi and Mr. Mello join Banc of California's San Diego team which includes:

• Lindy Mamer, Senior Vice President, Commercial Banking
• Cilla Weichselbaum, Vice President Relationship Manager, Commercial Banking
• Adrienne Helvie, Vice President Credit Officer, Commercial Banking
• Peter Winfield, Senior Director, Private Banking
• William (Buck) Rubin, Vice President Relationship Manager, Community Banking
• Marysol Victoria, Vice President Relationship Manager, Community Banking

"The expansion of our commercial banking and private banking groups in San Diego is directly aligned with our strategy to expand our teams and capabilities throughout our commercial banking franchise," said Doug Bowers, President and Chief Executive Officer of Banc of California.  "We are proud to welcome Joubin to the team, and we congratulate Joshua on his new position.  Coupled with the existing team, we now have a meaningful presence in San Diego with a full service team spanning all of our key business units."

Banc of California's San Diego regional office is located at 4655 Executive Drive, Suite 380, San Diego, CA. 

About Banc of California, Inc.

Banc of California, Inc. (NYSE: BANC) provides comprehensive banking services to California's diverse businesses, entrepreneurs and communities. Banc of California operates 34 offices in California.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are necessarily subject to risk and uncertainty and actual results could differ materially from those anticipated due to various factors, including those set forth from time to time in the documents filed or furnished by Banc of California, Inc. with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements and Banc of California, Inc. undertakes no obligation to update any such statements to reflect circumstances or events that occur after the date on which the forward-looking statement is made.

SOURCE Banc of California, Inc.