Duke Dayal Joins Bank of the West as CFO

Duke Dayal has joined Bank of the West as chief financial officer. He previously was a managing director with private equity firm Brysam Global Partners.

PRESS RELEASE

Bank of the West announced today that Duke Dayal has joined the bank as Chief Financial Officer.

Dayal has more than 20 years of experience in international finance and was most recently a Managing Director of Brysam Global Partners, a New York-based private equity firm focused on investing in financial services.

“Duke Dayal joins our team with a an impressive record of leadership in growing organizations, which, together with his strong finance and strategic skills, makes him a great addition to our executive management team,” Bank of the West Chairman and CEO Michael Shepherd said.

Prior to Brysam, Dayal was an executive with Citigroup serving in finance roles in the U.S., Europe and Asia. Among those roles was CFO of Citibank West, where he led the integration of Golden State Bancorp. Dayal also held senior finance roles in North America, Europe and Africa at Diageo, a leading consumer products company.

“Bank of the West’s history of sound financial management and its strong reputation in the market for outstanding service position it well to capitalize on growth opportunities,” Dayal said.

Dayal received a degree in Accounting and Finance from Nottingham Trent University, England and is a member of the Chartered Institute of Management Accountants in England.

About Bank of the West

Based in San Francisco, $60 billion-asset Bank of the West (www.bankofthewest.com) offers a full range of business, corporate, personal, trust and international banking services. The Bank operates more than 700 branch locations and commercial banking offices in 19 Western and Midwestern states. In 2009, for the second consecutive year, Bank of the West was ranked the highest in customer satisfaction among retail banks in the West by J.D. Power and Associates. Bank of the West’s holding company, BancWest Corporation, is a subsidiary of BNP Paribas, among the six strongest banks in the world, according to Standard & Poor’s.