Banc of California Announces Key Additions to Commercial Deposit and Treasury Management Team

SANTA ANA, Calif., March 29, 2018 /PRNewswire/ -- Banc of California announced today it has hired two sales leaders for its Commercial Deposit and Treasury Management team.  Anel Califano joined the bank as Senior Vice President, Treasury Management Sales, and will lead the Treasury Management Sales organization.  Nicole Lorenz joined the bank as Senior Vice President, Specialty Markets and Products, and will lead the bank's expanded specialty deposits group.

• Anel Califano joins Banc of California most recently from MUFG Union Bank, and brings over 20 years of commercial banking experience, including previously at Wells Fargo Bank.  Ms. Califano maintains the Certified Treasury Professional (CTP) certification and has been recognized and named as a finalist for the 2017 Business Women of the Year Award by the San Diego Business Journal.
• Nicole Lorenz joins Banc of California most recently from MUFG Union Bank, with substantial expertise in both Middle Market and Corporate Treasury Management.  Ms. Lorenz has over 25 years of commercial banking experience, and prior to MUFG Union Bank, she served at City National Bank and California Bank & Trust. 

"We welcome both Anel and Nicole to the Banc of California team as they join us to lead the execution of our deposit gathering and treasury management sales strategy," said Doug Bowers, President and Chief Executive Officer of Banc of California.  Rita Dailey, Executive Vice President, Deposits and Treasury Management added, "Anel and Nicole are client-focused and proven sales leaders who are important additions to our team as we grow and strengthen our deposit franchise."   

Ms. Califano will oversee the treasury management sales team, and will partner closely with the Community, Private, Commercial and Real Estate Banking teams.  Ms. Lorenz brings her deep deposit and treasury products knowledge and will focus on the specialized depository needs of clients in targeted industries.

About Banc of California, Inc.
Banc of California, Inc. (NYSE: BANC) provides comprehensive banking services to California's diverse businesses, entrepreneurs and communities. Banc of California operates 34 offices in California. 

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are necessarily subject to risk and uncertainty and actual results could differ materially from those anticipated due to various factors, including those set forth from time to time in the documents filed or furnished by Banc of California, Inc. with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements and Banc of California, Inc. undertakes no obligation to update any such statements to reflect circumstances or events that occur after the date on which the forward-looking statement is made.

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SOURCE Banc of California, Inc.