First Republic Bank Announces Promotion of Mike Selfridge to Chief Banking Officer

First Republic Bank, December 7, 2015

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that Mike Selfridge, Senior Executive Vice President, has been promoted to the role of Chief Banking Officer, reporting to Chairman and CEO Jim Herbert.

In this new position, Selfridge will continue to oversee Northern California Private Banking as well as Information Technology, while assuming the additional overview of nationwide Business Banking. Selfridge’s expanded responsibilities recognize the growth of First Republic and the close coordination of private and business banking activities which are key to the Bank’s unique business model.

 “Mike’s leadership and banking expertise have had a tremendous impact on the success of our business,” said Chairman and CEO Jim Herbert. “Mike’s promotion acknowledges his many contributions to First Republic and our ongoing focus on delivering seamless service between our private client and business banking activities.”

Selfridge, 48, joined First Republic in early 2012. Prior to joining First Republic, he was with Silicon Valley Bank for 18 years, where he was head of U.S. regional banking. He serves on the Board of Directors of Catholic Charities of San Francisco. Selfridge earned a Bachelor of Science degree from California Polytechnic State University, San Luis Obispo and an MBA from University of San Francisco. He is a graduate of Harvard Business School’s Advanced Management Program.

About First Republic Bank

Founded in 1985, First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services. First Republic specializes in delivering exceptional, relationship-based service, with a solid commitment to responsiveness and action. 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; and Greenwich and New York, New York. First Republic offers a complete line of banking products for individuals and businesses, including deposit services, as well as residential, commercial and personal loans. For more information, visit www.firstrepublic.com.


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