Business & Finance
Business and Finance
Business and Finance
Mon, January 26, 2009 Umpqua Holdings Corporation Hires Chief Information Officer
PORTLAND, Ore.--([ BUSINESS WIRE ])--[ Umpqua Holdings Corporation (NASDAQ: UMPQ) ], parent company of Umpqua Bank, has appointed Colin Eccles to chief information officer. In this role, Eccles will ensure that technology is incorporated into the bank's culture and innovative delivery of products and services.
Eccles will be based in Portland, Ore., and will be responsible for technology enhancement of all bank channels and back end systems, including network services, data processing, item processing, information systems, electronic banking and ATM delivery.
"Colin has tremendous experience in technology and banking and will be a valuable asset to Umpqua," said Ray Davis, president and CEO of Umpqua Holdings Corporation. "At Umpqua, technology and innovation are key components of our culture. We will look to Colin to advance Umpqua's delivery systems and to help generate fresh ideas as we continuously improve our customers' banking experiences."
Eccles has 28 years of experience in the banking and technology industries, and spent the last seven years working at Washington Mutual as chief information officer for the company's retail bank technology organization. While at Washington Mutual, Eccles was based in Seattle and was responsible for all technical support of retail delivery channels, transaction processing and technical business operations.
Eccles received his Bachelor of Science at Witwatersrand University and a Master of Business Leadership from the University of South Africa.
About Umpqua Holdings Corporation
[ Umpqua Holdings Corporation (NASDAQ: UMPQ) ] is the parent company of Umpqua Bank, an Oregon-based community bank recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions. Umpqua Bank has 150 locations between Napa, Calif., and Bellevue, Wash., along the Oregon and Northern California Coast and in Central Oregon. Umpqua Holdings also owns a retail brokerage subsidiary Strand, Atkinson, Williams & York Inc., which has locations in Umpqua Bank stores and in dedicated offices throughout Oregon and Southwest Washington. Umpqua Bank's Private Client Services Division provides tailored financial services and products to individual customers. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit [ www.umpquaholdingscorp.com ].
**Photo available upon request**
