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Umpqua Bank Boosts Expansion with David Navarro Hire

AInvestTuesday, Dec 10, 2024 12:41 pm ET
4min read


Umpqua Bank, a subsidiary of Columbia Banking System, Inc. (Nasdaq: COLB), has bolstered its expansion efforts in the Southern Nevada region by hiring David Navarro as Senior Vice President, Southern Nevada Commercial Banking Market Leader. Navarro, a Las Vegas native and University of Nevada, Las Vegas (UNLV) alumnus, brings over a decade of regional banking experience to the role, making him an ideal fit to lead the bank's market expansion in the vibrant and unique business community of Southern Nevada.

Navarro's deep understanding of the Las Vegas business landscape and his proven track record in commercial banking make him well-positioned to drive Umpqua Bank's growth in the region. His focus on building teams committed to fostering strong customer relationships and providing customized banking solutions aligns perfectly with the bank's commitment to delivering superior, personalized service.

"Southern Nevada boasts a vibrant economy and unique business community," said Shawn Thompson, Executive Vice President and Mountain West Commercial Director at Umpqua Bank. "David's deep understanding of the region and experience supporting some of its most successful enterprises make him a great fit to lead our market expansion. We look forward to his contribution to the success of our customers and our company."

Navarro's appointment underscores Umpqua Bank's commitment to hiring top regional talent focused on customer success and contributing to the prosperity of key western markets. By expanding its presence in Southern Nevada, Umpqua Bank aims to tap into the region's thriving business community and provide tailored financial solutions to midsize companies with annual revenues between $10 million and $1 billion.



Umpqua Bank's strategic move to strengthen its presence in Southern Nevada comes at a time when the region's economy is experiencing significant growth and diversification. The addition of Navarro to the team signals the bank's confidence in the region's potential and its commitment to supporting the financial needs of its businesses.



As Umpqua Bank continues to grow and expand its footprint in the Western United States, the hiring of David Navarro demonstrates the bank's dedication to investing in top talent and tailoring its services to meet the unique needs of its customers. With Navarro at the helm of the Southern Nevada commercial banking team, Umpqua Bank is well-positioned to capitalize on the region's economic opportunities and contribute to its ongoing prosperity.

In conclusion, Umpqua Bank's appointment of David Navarro as Senior Vice President, Southern Nevada Commercial Banking Market Leader, is a strategic move that underscores the bank's commitment to expanding its presence in key western markets. Navarro's local expertise and experience in commercial banking make him an ideal fit to lead the bank's market expansion in Southern Nevada, where the vibrant business community and thriving economy present significant opportunities for growth. By focusing on building strong customer relationships and providing customized banking solutions, Navarro and Umpqua Bank are poised to make a significant impact on the region's financial landscape.
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