Umpqua Holdings promoted Frank Namdar to chief credit officer. He 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 credit and risk experience to his position, including the last four years as an executive and senior credit officer at Umpqua. Namdar also previously held a variety of credit and risk leadership roles over a 25-year career at US Bancorp, with eight years as executive vice president and chief credit officer for US Bank Equipment Finance.

Namdar currently serves on the Lending Committee of the Oregon Bankers Association.