Oxford Promoted to Executive Vice President and Chief Risk Officer

WALLA WALLA, Wash.--(BUSINESS WIRE)--The Banner Bank board of directors announces the promotion of Dan Oxford to Executive Vice President and Chief Risk Officer. In this role, Oxford assumes an expanded leadership role encompassing enterprise-wide risk management, including the Enterprise Risk, Model Risk, Climate Risk, Compliance, Financial Crimes (AML/BSA/OFAC), Fraud, Vendor Risk, Appraisal, and Credit Review teams. Additionally, Oxford will now chair the Bank’s Risk Management Oversight Committee.

Oxford joined Banner in 2010 and has held several leadership roles with progressively expanded responsibilities, most recently Senior Vice President, Risk Services Director & Chief Appraiser. Over the past 15 years, Oxford has played a pivotal role in strengthening the Bank’s risk frameworks, advancing regulatory readiness, and fostering a culture of accountability and transparency. Prior to joining Banner, Oxford worked in the real estate industry, gaining valuable expertise that assisted him in excelling at his initial role within the Bank’s appraisal department.

“Dan’s promotion is well deserved,” said Jim Costa, Executive Vice President and Chief Operating Officer. “Dan’s deep institutional knowledge, strategic mindset and collaborative leadership style make him exceptionally well-suited to guide our risk strategy in today’s dynamic banking environment. Filling this role through promotion reflects our commitment to thoughtful succession planning and the development of our internal talent.”

Oxford earned his bachelor’s degree in business administration from Northwest University and his MBA from Gonzaga University. He is a graduate of Pacific Coast Banking School and holds multiple professional designations, including being recognized as a Member of the Appraisal Institute (MAI) and a certified appraisal specialist (AI-GRS).

Oxford reports to the Board of Directors’ Risk Committee as well as to Jim Costa, Executive Vice President and Chief Operating Officer. The Chief Risk Officer position was previously held by Costa.

About Banner Bank

Banner Bank is a Washington-chartered commercial bank conducting business in Washington, Oregon, California and Idaho. Banner offers a wide variety of banking services and financial products to individuals and small and medium-sized businesses and their employees. Banner Bank is part of Banner Corporation (NASDAQ GSM: BANR), a $16.56 billion bank holding company headquartered in Walla Walla, Washington. Visit Banner Bank at www.bannerbank.com.