SANTA CLARA, Calif.,
May 11, 2020 /PRNewswire/ -- SVB
Financial Group (NASDAQ: SIVB) today announced the appointment of
Alison Davis, Co-Founder and
Managing Partner of Fifth Era and a seasoned investor, to its board
of directors, effective May 11, 2020.
SVB Financial Group is the parent company of Silicon Valley Bank
(SVB), the bank of the world's most innovative companies and
their investors. Davis will also serve on the board of directors of
Silicon Valley Bank.
"Alison's experience advising early-stage companies, investors,
banks and fintech companies make her well-suited for her role on
the board of directors for SVB," said Roger
Dunbar, Chairman of SVB's Board of Directors. "Her insights
and acumen will complement our dynamic and engaged board."
Silicon Valley Bank helps address the unique needs of
entrepreneurs, innovative companies and their investors in
technology and life science sectors. The company offers a range of
specialized financial services through locations around the world.
With more than $75 billion in assets
and more than 3,700 employees globally, SVB strives to improve the
probability of its clients' success.
"Alison brings extensive experience in finance, investments and
strategy, and she is a trusted advisor to various innovative
companies," said Greg Becker,
President and CEO of SVB Financial Group. "Her understanding of our
clients' needs, companies and investors alike, will be a valuable
asset for SVB."
Davis brings more than 30 years of finance and management
experience to her board position. In 2011, she co-founded Fifth
Era, a family office and venture capital firm specializing in
early-stage investments based in Tiburon,
California, where she is a Managing Partner. Prior to
starting Fifth Era, she was General Partner and Managing Partner at
Belvedere Capital Partners and Chief Financial Officer and Head of
Strategy at Barclays Global Investors. She also held leadership
roles at A.T. Kearney and McKinsey & Company.
As an experienced director, Davis currently serves on the boards
of Fiserv, Ooma and Collibra, and chairs the advisory board of
Blockchain Capital. She is a former director of Royal Bank of
Scotland, Unisys, Diamond Foods,
First Data Corporation and several other public and private
companies.
Davis earned her Bachelor and Master of Arts degrees in
economics from the University of
Cambridge. She earned her Master of Business
Administration from the Stanford
University Graduate School of Business.
For more information about SVB, visit www.svb.com.
About SVB Financial Group
For more than 35 years, SVB
Financial Group (NASDAQ: SIVB) and its subsidiaries have helped
innovative companies and their investors move bold ideas forward,
fast. SVB Financial Group's businesses, including Silicon Valley
Bank, offer commercial and private banking, asset management,
private wealth management, brokerage and investment services and
funds management services to companies in the technology, life
science and healthcare, private equity and venture capital, and
premium wine industries. Headquartered in Santa Clara, California, SVB Financial Group
operates in centers of innovation around the world. Learn more at
svb.com.
SVB Financial Group is the holding company for all business
units and groups © 2020 SVB Financial Group. All rights reserved.
SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW
and the chevron device are trademarks of SVB Financial Group, used
under license. Silicon Valley Bank is a member of the FDIC and the
Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial
Group. [SIVB-F]
View original content to download
multimedia:http://www.prnewswire.com/news-releases/svb-financial-group-appoints-alison-davis-to-its-board-of-directors-301056951.html
SOURCE Silicon Valley Bank