Tad D. Lowrey Named New Chairman of the California Bankers Association
SACRAMENTO – The California Bankers Association (CBA) today announced that Tad D. Lowrey, chairman of Pacific Western Bank, will serve as the 2015-2016 chairman of the board of directors for California’s largest banking trade association. Lowrey has held leadership positions as chairman, chief executive officer and chief financial officer for several publicly held financial institutions over four decades.
“The CBA is honored to have Tad Lowrey serve as our chairman of the board this year,” said Rodney Brown, president and CEO of CBA. “He is a longtime active member of the association, and a highly regarded and accomplished banking executive. The CBA and California’s entire banking community will benefit substantially from his decades of experience in the financial services industry.”
“I am looking forward to my term as the association’s chairman,” Lowrey said. “While the economy and banking environment have certainly improved in the recent years, these remain challenging times for banks given the increased regulatory pressures of the past few years. Through this important volunteer leadership role, I will continue to be an advocate and a positive voice for banks in California.”
Lowrey retired from executive management in April 2014 following the merger of CapitalSource Inc. and PacWest Bancorp, having served as the founding CEO, and ultimately chairman, of CapitalSource Bank since its formation in 2008. He now focuses on board service and philanthropy, while serving as the non-executive chairman of Pacific Western Bank, and as a director of its holding company, PacWest Bancorp. He also serves as vice chairman of the Federal Home Loan Bank of San Francisco.
Previously, Lowrey was appointed by the board of governors of the Federal Reserve Bank to a three-year term on the Thrift Institutions Advisory Council and served as its vice president. He also served as an appointed member of the Savings Association Insurance Fund Advisory Committee to the FDIC, and he is a former chairman of the Western League of Savings.
Lowrey has been a member of the CBA executive committee since 2013, and a member of the board of directors since 2010. He has also served on numerous additional CBA committees, including the state and federal political action committees and the political action administration committee.
About the California Bankers Association (CBA)
Established 124 years ago, the California Bankers Association (CBA) is one of the largest state banking trade associations in the country. CBA leads the way in developing relevant educational and legislative solutions to some of California’s more pressing financial and banking issues, including financial empowerment, identity theft, financial privacy and elder financial abuse. CBA’s membership includes the majority of California’s commercial, industrial and community banks and savings associations. For more information, visit www.calbankers.com.