SACRAMENTO, CA — Maurine Padden, chief administrative officer and executive vice president of the California Bankers Association (CBA), one of the largest state banking trade associations in the country, has been invited to participate in the Milken Institute’s 2011 Global Conference, a multi-day event that officially begins today.The Global Conference, held in Los Angeles, brings together some of the world’s most influential people – from entrepreneurs and executives to philanthropists, scientists and Nobel laureates – to explore solutions to today’s most pressing social, political and economic challenges.

Padden will participate on a panel discussion titled, “Who Can Own a Bank? The Debate Over Industrial Loan Companies”, during the conference’s last day, May 4, at 9:30 a.m. Joining Padden on the panel will be Louise Kelly, President and CEO, EnerBank USA, G. Edward Leary, Commissioner, Utah Department of Financial Institutions, Neil Milner, President and CEO, Conference of State Bank Supervisors, Raymond Specht, Vice Chairman, Toyota Financial Savings Bank. The panel will be moderated by James Barth, Senior Finance Fellow, Milken Institute; Lowder Eminent Scholar in Finance, Auburn University.

“I am honored to be participating in such a highly regarded conference,” Padden said. “I look forward to a very lively and robust discussion surrounding industrial banks and their role in the commercial banking sector. This has been a topic that has garnered significant attention during the twenty years I have served the banking industry.”

About the California Bankers Association
Established 120 years ago, the California Bankers Association (CBA) is one of the largest state banking trade associations in the country. CBA develops relevant educational and legislative solutions to some of California’s more pressing financial and banking issues. CBA’s membership includes nearly 200 of California’s commercial, industrial and community banks and savings associations. For more information, visit www.calbankers.com.