COSTA MESA, Calif., Nov. 19, 2013 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq:PMBC) today announced that Leila Rohani has been named SVP and Regional Manager of Pacific Mercantile Bank's (the "Bank", "PMB"), Newport Beach Financial Center. The Bank is the wholly owned subsidiary of Pacific Mercantile Bancorp. Ms. Rohani will be leading the Bank's effort to continue to grow its largest office with a focus on the financial needs of Orange County's technology companies. "We are thrilled to have someone with Ms. Rohani's technology background concentrate on a niche we are looking forward to growing at PMB," stated Tom Vertin, President of Commercial Banking.
Prior to joining Pacific Mercantile Bank, Ms. Rohani was a Senior Vice President with Prudential Real Estate's lending arm where she helped manage a debt and equity portfolio of over $300 million. During over 12 years with Prudential, she specialized in leveraged recapitalizations, mergers and acquisitions, equity investments, franchise finance, working capital loans, and other expansion-related financing. She was responsible for some of the largest and most profitable transactions in her division's history.
Ms. Rohani began her 20-year banking career with Bank of America's regional commercial banking office in Costa Mesa, CA, followed by Imperial Bank where, as a Vice President, she was instrumental in expanding Imperial's venture-backed and technology lending in Southern California.As a graduate of UCI, with a BS in Electrical Engineering and an MBA, Ms. Rohani is well qualified to help to lead the Bank's entry into the technology banking market. She is an active member of UCI's alumni network and was elected as the 2013 Mace Marshal for the Henry Samueli School of Engineering. She is a member of the Leadership Council and the Chair of the Diversity Committee Advisory Board for the Schools of Engineering and Information & Computer Sciences. Her background also includes serving on boards of microenterprise credit organizations and other non-profits.