PALO ALTO, Calif.--(BUSINESS WIRE)--The Private Bank of the Peninsula, a subsidiary of Peninsula Bank Holding Company, today announced that Kristofer W. Biorn has been appointed to the Board of Directors.
“We are fortunate to add Kris to our board. His knowledge base, contacts and experience, in addition to his local roots, make him a great addition to our team,” stated Mark D. Mordell, Chairman of the Board of Directors of Peninsula Bank Holding Co. “Kris’ abilities will help our Board on several levels.”
“Kris, being an active and involved Palo Alto native, strengthens our board’s commitment to the community. He will add a valuable perspective to the ongoing success of The Private Bank of the Peninsula,” said Kenneth D. Brenner, the Bank’s Chief Executive Officer.
Mr. Biorn is an attorney with the Palo Alto law firm of Crist, Schulz, Biorn & Shepherd, APC, the oldest law firm in Palo Alto, with history dating back to 1928. He specializes in litigation related to estates and trusts, and has extensive experience in estate planning and commercial real estate transactions. Mr. Biorn was born and raised in Palo Alto, and graduated from University of California-Hastings, College of the Law. He is a four-term member of the Palo Alto Family YMCA Board of Directors, most recently serving as Chairman. He has also served on the Board of the Palo Alto Art Center Foundation. Mr. Biorn lives in Palo Alto with his wife and two children.
“I strongly believe that there is a need for locally owned and managed banks in this dynamic marketplace,” stated Mr. Biorn. “Having done business in the Bay Area for 20 plus years and seeing the changes as community banking has evolved, I think The Private Bank has positioned itself well and I look forward to contributing to its continued success.”
About the Bank
The Private Bank of the Peninsula, a subsidiary of Peninsula Bank Holding Company (OTCBB:PBKH), is headquartered in Palo Alto, California. The Private Bank focuses on the banking needs of small and medium sized businesses, entrepreneurs and business leaders, not-for-profit organizations and individuals in the greater San Francisco Bay Area. A true community bank with a team of veteran bankers, The Private Bank offers access to senior level decision-makers who are dedicated to helping clients with all their banking and financing needs. Personalized, responsive, exceptional service is The Private Bank of the Peninsula’s standard.