Purcell Promoted to Chief Strategy and Administration Officer
January 11 2022 - 5:58PM
Business Wire
The Banner Bank board of directors announced today that Cynthia
“Cindy” Purcell has been promoted to Executive Vice President,
Chief Strategy and Administration Officer. Previously, she held the
position of Executive Vice President, Retail Banking and
Administration.
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Cynthia Purcell, Executive Vice
President, Chief Strategy and Administration Officer, Banner Bank
(Photo: Business Wire)
“This promotion formally recognizes the expanded role Cindy has
taken on over the past 12 months, as well as the ongoing,
significant contributions she has made for our clients and our
Bank,” said Mark Grescovich, Banner Bank CEO. “Her strong
leadership capabilities and broad experience bring a unique talent
to this expanded role. Cindy’s strategic leadership, client-centric
approach and deep banking expertise are key to our continued growth
and long-term performance—especially as we strive to continually
strengthen our client and community relationships.”
In her new role, Purcell will lead the execution of the Bank’s
long-term corporate strategic objectives. For example, in
partnership with Peter Conner, Executive Vice President and Chief
Financial Officer, Purcell will focus on the pursuit of consistent
and favorable financial results with respect to sales and
profitability, as well as mergers and acquisitions. These
responsibilities are in addition to her existing leadership of
Retail (consumer and small business), Digital Strategy and
Channels, Residential Lending, Operations, Marketing &
Communications, Government Relations, Facilities & Purchasing,
and Community Reinvestment.
Purcell is a seasoned banking executive with 42 years of
experience. Early in her career, she was Chief Financial Officer of
a community bank that later merged into Banner Bank. Since joining
Banner, she has held significant leadership roles with expanding
responsibilities, including oversight of the Bank’s branch network,
as well as most operations and administrative functions.
Additionally, she has served in numerous state and national
industry leadership positions and is a strong advocate of
preserving the strength of the banking industry.
“Last year we embarked on a considerable exploration bank-wide
to identify and implement innovative ways to continually enhance
our overall client experience in our rapidly evolving industry, as
well as create more efficient and scalable operations to support
our successful relationship-model of banking,” Purcell said. “I’m
proud of the engagement of our teams and the progress we have made.
I am honored to formally take this broader role in leading our
teams’ strategy development, and more importantly, the achievement
of our long-term strategic objectives.”
About Banner Bank
Banner Bank is a Washington-chartered commercial bank that
conducts business in Washington, Oregon, California and Idaho.
Banner offers a wide variety of commercial banking services and
financial products to individuals, families, and small and
medium-sized businesses. Banner Bank is part of Banner Corporation,
a $16.6 billion bank holding company headquartered in Walla Walla,
Washington. Visit Banner Bank at www.bannerbank.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220111006110/en/
Kelly McPhee, Vice President, Communications, (509) 991-0575 or
kelly.mcphee@bannerbank.com
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