Wells Fargo Names Northern California Middle Market Banking Leader
NOV 2, 2017 - 7:01 am
Wells Fargo named Steve Sloan – a financial services veteran with deep commercial and corporate banking experience – as head of Middle Market Banking for Northern California. Based in San Francisco, Sloan oversees more than 150 team members at offices in Chico, Monterey, Oakland, Palo Alto, Sacramento, San Francisco, San Jose, Santa Rosa and Walnut Creek.
Sloan succeeds Rohan Kalbag, who was recently promoted to Middle Market Banking chief risk officer. Most recently, Sloan managed a team of 75 bankers in Los Angeles who serve middle-market clients in Wells Fargo’s Southern California Coastal division.
Sloan joined Wells Fargo in 2011 from City National Bank, where he worked for more than 25 years in a variety of senior leadership roles, including seven years as head of City National’s Corporate Banking and Structured Finance businesses.
“Given the complexity and scale of the Northern California market, it’s important for us to have experienced bankers like Steve advising our Bay Area clients,” said Sanjiv Sanghvi, head of Middle Market Banking for the West region. “Northern California is a highly diverse economy. Steve’s leadership will be invaluable in helping local middle-market companies grow and expand their capabilities.”
A recent Wells Fargo Economics report shows Northern California companies remain confident about the future and continue to add jobs, thanks in part to today’s more diverse business base in the area. Strong growth in the technology, hospitality, construction and restaurant industries — key industries for Northern California — have driven recent job growth.
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