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Stock impact report

Umpqua Holdings Promotes Frank Namdar to Chief Credit Officer

Umpqua Holdings Corporation (UMPQ) 
Last umpqua holdings corporation earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: umpquabank.com/investor-relations
Company Research Source: GlobeNewswire
PORTLAND, Ore., Nov. 15, 2018 (GLOBE NEWSWIRE) -- Umpqua Holdings Corporation (NASDAQ: UMPQ), parent company of Umpqua Bank and Umpqua Investments, announced today that Frank Namdar has been promoted to chief credit officer and will join the executive leadership team. In his new role, Namdar will assume responsibility for credit risk, special assets, appraisal services and credit approval-related functions for Umpqua Bank and its subsidiary Financial Pacific Leasing. Namdar will also manage Umpqua’s credit policy and assume leadership of the bank’s credit policy committee. “Frank has been an outstanding leader for Umpqua since joining our bank six years ago and has a long record of success overseeing complex credit operations at strong financial institutions,” said Cort O’Haver, Umpqua Bank president and CEO. “As chief credit officer, Frank will play an important role in helping Umpqua achieve our balanced growth business objectives and goals.” Namdar brings more than 30 years of Show less Read more
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