The Commerce Bank of Oregon, a subsidiary of Zions Bancorp., has promoted Chief Financial Officer Jodi Delahunt Hubbell to president and chief executive officer, effective Jan. 1.

Hubbell will succeed Larry Ogg, who will become chairman of the $69 million-asset bank. Hubbell will also join the board.

Zions, based in Salt Lake City, founded the Commerce Bank of Oregon in 2005 to cater primarily to business customers in and around Portland. Hubbell, who as 25 years of banking and consulting experience, joined the bank in 2007 as chief financial officer and head of finance, administration and operations.

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