PALO ALTO, Calif.--(BUSINESS WIRE)--
Avidbank Holdings, Inc., parent company of Avidbank, announced today
that Bob Foley has joined the Bank as Senior Vice President & Northeast
Regional Manager, Corporate Finance Division. Mr. Foley brings with him
over 30 years of experience in corporate banking and the financial
services sector, most recently as a Managing Director at Runway
Extension Debt Advisors. Prior to Runway Extension, Mr. Foley was Senior
Vice President at Square 1 Bank. Mr. Foley will work out of Boston and
will lead efforts to expand our clientele base in the Northeast region.
“We are excited to have someone of Bob’s caliber and experience join our
Corporate Finance team,” said Larry LaCroix, Executive Vice President.
“We look forward to working together as we expand our client base and
continue our growth throughout the Northeast region.”
“Our Corporate Finance division will benefit greatly from Bob’s skill
set, market ties, and experience,” stated Mark D. Mordell, Chairman and
CEO of Avidbank. “Bob’s network and clientele will significantly
increase our presence in the northeast as we continue to expand our
asset-based and technology lending practice.”
“I am excited to be joining the Avidbank Corporate Finance team and I
look forward to helping to build the Avidbank brand in the Northeast,”
said Bob Foley, Senior Vice President. “Avidbank’s innovative financing
solutions and high touch customer service enables Avidbank to be well
positioned to meet the growing demand in the Northeast for technology
lending, asset-based lending, and other banking services.”
About Avidbank
Avidbank Holdings, Inc. (OTCBB: AVBH), headquartered in Palo Alto,
California, offers innovative financial solutions and services. We
specialize in the following markets: commercial & industrial, technology
lending, asset-based lending, sponsored finance, real estate
construction and commercial real estate lending, and real estate bridge
financing. Avidbank advances the success of our clients by providing
them with financial opportunities and serving them as we wish to be
served – with mutual effort, ingenuity and trust – creating long-term
banking relationships.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160302005401/en/
Avidbank Holdings, Inc.
Steve Leen, 650-843-2204
Chief
Financial Officer
www.avidbank.com
Source: Avidbank Holdings, Inc.