Mr. Doug Bowers is President and Chief Executive Officer for Banc of California.
Mr. Bowers is a veteran banking executive with over 35 years of banking experience, including his most recent role as President and Chief Executive Officer of Square 1 Bank from 2011 until its sale to PacWest Bancorp in 2015. He previously held roles at Lone Star/Hudson Advisors, a leading private equity firm, and at Bank of America, where he spent nearly 30 years leading a variety of businesses including: Commercial Banking, Corporate Banking, Europe (EMEA), Leasing and Specialized Products.
Square 1 Bank is a leading provider of banking services to the venture capital markets throughout the United States. During Mr. Bowers’ time at Square 1 Bank, he led the raise of $120 million through its 2014 IPO (priced at the highest bank valuation since before the financial crisis); grew the bank from $1.6 billion to more than $4 billion in assets and opened key offices in San Francisco, Chicago, Minneapolis and Atlanta.
From 2009 to 2011, Mr. Bowers served as a Managing Director of Lone Star Funds/Hudson Advisors, a leading private equity firm that invests globally in a variety of financial assets. During his tenure, Mr. Bowers co-lead the fund’s bank acquisition efforts.
From 1980 through 2008, Mr. Bowers rose through the ranks of Bank of America, holding a broad range of positions, including: Head of Large Corporate Banking for the U.S., Canada and Latin America markets including Middle Market Investment Banking and Sports Finance; Specialized Product Executive with responsibility for seven distinct businesses generating over $3 billion in revenue and $1.4 billion in net income; President of the Leasing and Capital Business, the largest and most profitable bank-owned leasing company in the world; and President of all activity in Europe, the Middle East, and Africa (based in London) with an emphasis on Banking, Trading, Treasury and varying other products and capabilities.