Genesis Bank Announces Chief Banking Officer and Heads of Commercial Banking, Income Property Banking, SBA and Government Lending, Private and Specialty Banking, and Treasury Management

NEWPORT BEACH, California – (BUSINESS WIRE) – Genesis Bank (“Genesis” or the “Bank”) today announced the senior executives of all of the bank’s businesses, including Commercial Banking, Income Property Banking, Small Business Administration (“SBA”) and Government Lending. Private and Specialty Banking as well as Treasury Management.

Stephen H. Gordon, Founding Chairman and Chief Executive Officer, said, “Each division manager has a critical role in providing financial solutions and advising Genesis’ clients. It was critical to us to ensure that each of these frontline executives who represent the bank had the required track record in business development, a strong and respected network in our target markets of Los Angeles County, Orange County and the Inland Empire as well the entrepreneurial passion to lay the foundation for making a deep and lasting impact in our communities. ”

Jennifer Simmons, President and Chief Operating Officer, said, “On behalf of the entire Genesis team, we are excited to announce this team of bankers, each with an extensive track record of delivering value directly to customers, centers of influence, and communities all over southern California. Through our many years of personal experience in working directly with each of the bankers, the collective team was selected for their tremendous achievements, banking expertise and seasoned leadership, and we are honored that they have chosen Genesis Bank too. ”

  • Ryan Baderian – EVP, Chief Banking Officer, is responsible for overseeing business development and market strategy across Genesis’ banking divisions. Mr. Baderian has held several banking positions in the Southern California market over the past 20 years, most recently as Senior Managing Director for Opus Bank, where he led the business development, treasury management and business banking teams across the west coast of Opus Footprint. Prior to Opus, Mr. Baderian held executive positions at Union Bank, Wells Fargo and Citibank.

  • Peter Yacoub – SVP, Head of Commercial Banking, is responsible for leading the Bank’s Commercial Banking division, which focuses on serving small and medium-sized businesses, business owners, entrepreneurs and professionals. Mr. Yacoub has 26 years of banking experience, most recently as SVP, Business Development at City National Bank, where he provided financial services and solutions for clients in the areas of management, operations and sales. Previously, Mr. Yacoub held a variety of leadership roles at Bank of America, Union Bank and Wells Fargo.

  • Morgan Ferris – SVP, Head of Income Property Banking, is responsible for running the bank’s Income Property Banking division, which also offers financing and treasury management solutions for investors in multi-family and commercial real estate. Mr. Ferris began his career in real estate finance over 25 years ago, where he previously served as National Sales Manager for PennyMac’s Freddie Mac & Fannie Mae multi-family loan programs. In addition, Mr. Ferris has held various senior positions at Washington Mutual and Marcus and Millichap Capital Corporation (“MMCC”) where he was one of the earliest credit brokers and a key leadership role in building MMCC’s lender partnerships, deal flow and capital access throughout its Southern California area and national market presence.

  • Andrew Mort – SVP, Head of SBA and Government Lending, is responsible for aligning the bank with small business banking under the loan programs of the SBA and other federal, state and local authorities. Mr. Mort has more than 30 years of banking experience and joined Genesis from City National Bank where he was SVP, SBA Sales Process Manager. Previously, Mr. Mort held various executive positions at Bank of America and Chase Manhattan Bank.

  • Balaji Krishna – EVP, Head of Private and Specialty Banking, is responsible for leading the bank’s focus on providing bespoke concierge-level financial products and services for larger client relationships as well as fiduciary operations (property managers, homeowner associations, property and trust companies and section 1031 exchange offices). Mr. Krishna most recently joined Genesis from the US Bank’s Private Wealth Management Division. Previously, Mr. Krishna was EVP, Chief Banking Officer at Opus Bank, where his management oversight included Private Relationship Banking, Specialty Banking, Fiduciary and Professional Banking, and Escrow and Exchange. Early in his career, he held sales and sales leadership positions at Bank of America and Commercial Capital Bank.

  • Doug Ferrin – VP, Director of Treasury Management, is responsible for leading Treasury Management and delivering the bank’s extensive range of commercial products, services and solutions. Mr. Ferrin brings 34 years of experience in treasury management-related customer services, product management, digital transformation consulting, project management and sales. Most recently, Mr. Ferrin was with Wells Fargo for over 28 years, where he held various senior positions in treasury management.

About Genesis Bank

Genesis Bank is a de novo commercial bank incorporated in California, not a member and run by a group of very experienced and successful bankers and business people. The bank is focused on serving the banking needs of small and medium-sized businesses as well as owners and investors of income generating multi-family and commercial real estate primarily located in Orange and Los Angeles counties, California, as well as in the western parts of the Inland Empire (Riverside and San Bernardino County). The bank is powered by GenTeckSM, a groundbreaking combination of world-class technologies that are tightly integrated to provide customers with a seamless, digital and transparent experience with end-to-end processing for access to credit, custody and cash management -Solutions. The products, services and solutions of the bank primarily include loan and deposit products for traditional retail business, small business administration (SBA), investment properties and owner-occupied commercial real estate (industry, retail, office) as well as treasury management services and solutions. In addition, the bank will also provide escrow, escrow, and section 1031 exchange services to meet the banking needs of its clients. Genesis Bank is headquartered in Newport Beach, California and can be found online at www.mygenesisbank.com.