California Bank & Trust Gives CFO Added Titles of COO, President

California Bank & Trust in San Diego has given its chief financial officer the additional titles of president and chief operating officer.

California Bank & Trust, a unit of the $58 billion-asset Zions Bancorp., said CFO Eric Ellingsen will add the new titles on Jan. 1. Chief operating officer is a newly created position at the $12 billion-asset CB&T.

The expanded role for Ellingsen will include oversight of small business and branch banking for San Diego and Northern California. That role had been covered by Tory Nixon, who resigned last month to pursue other opportunities, a bank spokesman said. Nixon, who played cornerback for the San Francisco 49ers in the 1980s, had worked for CB&T since 2003, according to his LinkedIn profile.

Ellingsen will also retain his role as head of corporate services, a division that includes treasury management, foreign exchange and trade finance.

Separately, CB&T promoted David Bale to executive vice president with oversight of commercial banking offices in the San Diego region. Bale will also remain head of the bank's residential mortgage business.

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