First Republic Announces Promotion of Jason Bender to Chief Operating Officer

First Republic, December 8, 2015

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that Executive Vice President Jason Bender will become Chief Operating Officer, reporting to Chairman and CEO Jim Herbert.

In this new capacity, Bender will be responsible for the overall operations of Deposits and Lending, Online Banking and related digital activities, strategic planning, enterprise data and secondary loan marketing. Additionally, he will continue to oversee banking activities in the South Coast California region.

“Jason has been absolutely key to numerous successful activities and operational improvements over many years and is an invaluable part of our development process,” said Chairman and CEO Jim Herbert.

Bender, 46, joined First Republic 16 years ago and has most recently served as the Bank’s Chief Administrative Officer. Prior to that, he led the Bank’s Finance and Planning departments. Bender holds a Bachelor of Arts degree from Swarthmore College and an MBA from Stanford University’s Graduate School of Business. 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

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