Press Release


San Francisco, Calif | Mar 31, 2011

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Jean-Marc Torre Joins Bank of the West to Lead Commercial Banking

Jean-Marc Torre has been appointed to lead Bank of the West's Commercial Banking Group, assuming responsibility for a business with more than $12.4 billion in assets that provides lending, cash management, capital markets and general banking services to companies throughout the United States.  Torre will report to President and Chief Operating Officer Maura Markus.

Torre succeeds retiring executive Gerard Denot, who led the group to more than 200 percent asset growth since becoming its leader in 2002. Commercial group deposits for 2010 were up 18% over 2009 and Bank of the West was recently recognized as the number two agriculture lender in the country.

"Jean-Marc is the ideal leader to head our commercial business," Markus said. "He brings more than 25 years of experience in banking and management in diverse businesses and geographic regions. We are excited to have a leader of his caliber join us as we look to continue our commercial group's strong growth."

Bank of the West is a member of the BNP Paribas Group, and Torre joins the Bank from his prior role as CEO of Arval UK, a BNP Paribas subsidiary specializing in leasing and fleet management services. Before joining Arval, Torre headed BNP Paribas' bank in Egypt, worked as country manager in Brazil, and served in Hong Kong as the area manager for China and East Asia. Torre joined BNP Paribas in 1986.

"Bank of the West has earned a strong reputation in commercial banking based on a commitment to building long-term relationships, a broad product offering and our affiliation with BNP Paribas," commented Torre.  "I look forward to being a part of this team as we build on this great foundation."

Bank of the West's Commercial Banking Group provides credit, cash management and ancillary services for companies with more than $50 million in annual revenue, and operates specialized banking units focused on agriculture, real estate industries, churches, governments and equipment finance. Commercial cards, capital markets services, loan syndication and other banking services are also core offerings designed to provide holistic relationship management services to Bank clients.  The Commercial Group has assets of $12 billion and deposits of $8 billion.

Founded in 1874, $58 billion-asset Bank of the West (www.bankofthewest.com) offers a full range of personal, commercial, wealth management and international banking services. The bank operates more than 700 retail and commercial banking locations in 19 Western and Midwestern states.  Bank of the West is a subsidiary of BNP Paribas, one of the world's largest and best rated financial institutions with more than 200,000 employees in more than 80 countries.

Media Contact:
Jim Cole
Vice President, Corporate Communications
Bank of the West
Office: (415) 399-8268; mobile: (415) 577-2639
Jim.cole@bankofthewest.com

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Media Contacts

  • Jim Cole
  • Corporate Communications
  • Phone: (415) 399-8268
  • Cell: (415) 577-2639
  • Fax: (415) 399-8241
  • E-mail: jim.cole@bankofthewest.com
  • Address: 180 Montgomery Street
  • San Francisco, CA 94104
  • Joel Nathanson
  • Social Media
  • Phone: (415) 399-8286
  • Cell: (415) 722-9722
  • Fax: (415) 399-8241
  • E-mail: joel.nathanson@bankofthewest.com
  • Address: 180 Montgomery Street
  • San Francisco, CA 94104
  • Lily Ruiz
  • Corporate Communications
  • Phone: (415) 765-4850
  • Cell: (415) 846-7494
  • Fax: (415) 399-8241
  • E-mail: lily.ruiz@bankofthewest.com
  • Address: 180 Montgomery Street
  • San Francisco, CA 94104