Manufacturers Bank Welcomes Judith Posnikoff, PhD, to Its Board of Directors

LOS ANGELES--(BUSINESS WIRE)--Manufacturers Bank is pleased to announce the election of Judith Posnikoff, PhD, to its Board of Directors. Dr. Posnikoff is a seasoned investment professional with extensive portfolio management, asset allocation, and portfolio construction experience as well as experience in compliance, operations, and legal issues related to private fund investing. She is a co-founder and managing partner at Martlet Asset Management, LLC in Newport Beach, California.

“We are excited to welcome Judy to our Board. She is an accomplished business leader with an expansive background across many disciplines. Her election is consistent with our continued commitment to bring diversity to our Board and teams, and reflects the communities we serve,” said Kazuhisa Miyagawa, Chairman and Chief Executive Officer.

Sander Pruijs, President, Manufacturers Bank, said, “Judy has demonstrated her expertise in balancing business growth with operational excellence, audit, risk, and compliance throughout her accomplished career. Her insights and perspectives will be very valuable in shaping the direction of the Bank.”

Dr. Posnikoff is actively involved in many community causes, serving as a board member or in an executive committee role in organizations such as the 100 Women in Finance, Pacific Symphony, The Wooden Floor, and the University of California Riverside Foundation. She obtained her PhD in economics, and her MBA and BS in administrative studies from the University of California, Riverside.

About Manufacturers Bank

Headquartered in Los Angeles, California, Manufacturers Bank is a subsidiary of SMBC Americas Holdings, Inc., a bank holding company wholly owned by Sumitomo Mitsui Banking Corporation. For nearly 60 years, Manufacturers Bank has been the right-sized bank for middle market and corporate businesses providing sophisticated solutions and the expertise of a larger institution with the personal “high touch” services of a community bank.

Our clients have direct access to experienced bankers and decision makers including our executive team. We have a complete portfolio of services and expertise in Commercial and Small Business Lending, Quick Service Restaurants, Specialty Banking, Fiduciary, Trust and Estates, International Services and Cash Management Services.

Manufacturers Bank is headquartered in Los Angeles and operates from branch offices in Beverly Hills, Brea, Downtown Los Angeles, Encino, Glendale, Newport Beach, San Jose, Torrance and Warner Center.

Member FDIC
Equal Opportunity Lender
Equal Housing Lender
SBA Preferred National Lender

For additional information please contact: Dean Bui, SVP, Marketing & Product Development Manager, 213-489-6286 or Megan Glover, EVP Head of Human Resources, 213-797-6341.