Umpqua Bank formed a Wholesale Liquidity & Fixed Income group within its Global Payments & Deposits Division. Amit Jogal has been named managing director and will lead the development of a comprehensive suite of fixed income products to meet the liquidity needs of large corporate and institutional customers.

“Umpqua Bank is committed to supporting the full range of customers’ financial needs and strengthening their market position in an ever-changing economic environment,” said Kathryn Albright, executive vice president and head of Global Payments and Deposits at Umpqua. “The formation of our Wholesale Liquidity & Fixed Income group under Amit’s proven leadership will be a tremendous asset to our large commercial customers.”

Over his nearly 25-year career, Jogal has developed and led fixed income and investment offices across the Western U.S. to support some of the region’s most dynamic companies. He served as head of Fixed Income at another large financial institution for the past 10 years, overseeing growth of $7 billion in fixed income managed deposits.