Neal Holland Named Chief Financial Officer and Olga Tsokova Named Deputy Chief Financial Officer of First Republic Bank
23 Août 2022 - 2:00PM
Business Wire
First Republic Bank (NYSE:FRC), a leading private bank and
wealth management company, today announced that Neal Holland has
been named Executive Vice President and Chief Financial Officer,
and Olga Tsokova has been named Deputy Chief Financial Officer,
effective November 2, 2022. Tsokova will also continue to serve as
Executive Vice President and Chief Accounting Officer, in addition
to her new responsibilities as Deputy CFO.
Holland will join First Republic from MUFG Union Bank, where he
currently serves as the CFO of Union Bank and MUFG Americas and
held roles of increasing responsibility over the past 14 years. He
has over 20 years of strategic and operational financial experience
across financial planning and analysis, accounting, regulatory
affairs and executive management. Holland earned a Bachelor of Arts
in Business Administration from the University of Washington and is
a Chartered Financial Analyst® and Certified Public Accountant.
Mike Roffler, CEO and President of First Republic Bank, said,
“Neal’s deep financial experience and broad understanding of the
regulatory landscape will be very valuable as First Republic
continues to deliver safe, consistent growth. Importantly, Neal’s
client-centric and collaborative approach are aligned with our
unique culture and business model.”
Holland said, “I’m excited to join First Republic and contribute
to this outstanding culture and company as its Chief Financial
Officer. I look forward to partnering closely with Mike, Olga and
the leadership team to continue to drive consistent growth while
maintaining exceptional client service.”
Tsokova joined First Republic in 2015 as Chief Accounting
Officer and has served as acting Chief Financial Officer since
January 2022. Previously, she served over 10 years at City National
Bank and prior to that in the financial services audit practice at
Ernst & Young. Tsokova holds a bachelor’s degree from the
Moscow Finance Academy, and she is a graduate of Harvard Business
School’s General Management Program and is a Certified Public
Accountant.
Roffler said, “Olga has done an excellent job as our acting
Chief Financial Officer, and we are delighted to appoint her to
Deputy CFO in addition to her responsibilities as Chief Accounting
Officer. Olga is a key leader at First Republic, and her success in
overseeing our finance and accounting functions has been critical
to our continued focus on safety and soundness.”
Tsokova said, “It has been a privilege to support First Republic
as our acting CFO, and it is an honor to now serve in this new
capacity,” said Tsokova. “I look forward to working with Neal as
part of our exceptional team to deliver safety, stability and
extraordinary service.”
About First Republic Bank
Founded in 1985, First Republic and its subsidiaries offer
private banking, private business banking and private wealth
management. First Republic specializes in delivering exceptional,
relationship-based service and provides a complete line of
products, including residential, commercial and personal loans,
deposit services, and private wealth management, including
investment, brokerage, insurance, trust and foreign exchange
services. Services are offered through preferred banking or wealth
management offices primarily in San Francisco, Palo Alto, Los
Angeles, Santa Barbara, Newport Beach and San Diego, California;
Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida;
Greenwich, Connecticut; New York, New York; Jackson, Wyoming; and
Bellevue, Washington. First Republic is a constituent of the
S&P 500 Index and KBW Nasdaq Bank Index. For more information,
visit firstrepublic.com.
Forward-Looking Statements
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the meaning of the Private Securities Litigation Reform Act of
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and similar words or phrases. Accordingly, these statements are
only predictions and involve estimates, known and unknown risks,
assumptions and uncertainties that could cause actual results to
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statements are necessarily only estimates of future results, and
there can be no assurance that actual results will not differ
materially from expectations, and, therefore, you are cautioned not
to place undue reliance on such statements. Any forward-looking
statements are qualified in their entirety by reference to the
factors discussed throughout our public filings under the
Securities Exchange Act of 1934, as amended. Further, any
forward-looking statement speaks only as of the date on which it is
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unanticipated events.
FRC-G
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version on businesswire.com: https://www.businesswire.com/news/home/20220823005337/en/
Investors: Andrew Greenebaum / Lasse Glassen Addo Investor
Relations agreenebaum@addo.com lglassen@addo.com (310) 829-5400
Media: Greg Berardi Blue Marlin Partners
gberardi@firstrepublic.com (415) 239-7826
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