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Adam W. Djou Joins Torrey Pines Bank Los Angeles Division.


LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  -- Western Alliance Bancorporation (NYSE NYSE

See: New York Stock Exchange
: WAL WAL Sierra Leone (international vehicle ID)
WAL Walloon
WAL Weighted Average Life
WAL Wide Angle Lens
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WAL WATS Access Line
WAL Watertown Arsenal Laboratories (Massachusetts) 
) announced today that Adam W. Djou has joined its Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region,  subsidiary, Torrey Pines Torrey Pines can refer to:
  • Torrey Pine, a broad, open-crowned pine.
  • Torrey Pines Golf Course, a municipal public golf course owned by the city of San Diego, California.
  • Torrey Pines High School, a high school in the North County Coastal area of San Diego, California.
 Bank, as Senior Vice President of its new Los Angeles/Orange County Division.

Djou has over 20 years of banking experience in the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  market, most recently with California Bank & Trust, where he served for 10 years.

"Adam will be a key player in our new Los Angeles Division, and we are delighted he has chosen to join us," said Robert Sarver Robert Sarver (born 1961 in Tucson, Arizona) is the current majority owner of the Phoenix Suns. He bought the NBA franchise from Jerry Colangelo in the spring of 2004. , Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Western Alliance Bancorp. "His local knowledge and personal attention to clients are a natural fit with the successful approach we have at Torrey Pines Bank providing a solution to those who want both true relationship banking and a complete range of service capabilities."

"I am looking forward to being a part of this dynamic organization and building on the success Torrey Pines Bank has had in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. ," said Djou. "Particularly in these times, being able to provide clients direct access to local decision makers, as well as resources, is more valuable than ever."

Torrey Pines Bank was founded in 2003 and has assets of $755 million with seven offices in San Diego, La Mesa, Kearny Mesa and Carlsbad.

About Western Alliance Bancorporation

Western Alliance Bancorporation is the parent company of Bank of Nevada, First Independent Bank of Nevada, Alliance Bank of Arizona, Torrey Pines Bank, Alta Alliance Bank, Miller/Russell & Associates, Shine Investment Advisory Services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
, Premier Trust, and PartnersFirst. These dynamic organizations provide a broad array of banking, leasing, trust, investment, and mortgage services to clients in Nevada, Arizona and California, investment services in Colorado, and bank card services nationwide. Staffed with experienced financial professionals, these organizations deliver a broader product array and larger credit capacity than community banks, yet are empowered to be more responsive to customers' needs than larger institutions. Additional investor information can be accessed on the Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 page of the company's website, westernalliancebancorp.com.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements that relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. The forward-looking statements contained herein reflect our current views about future events and financial performance and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause our actual results to differ significantly from historical results and those expressed in any forward-looking statement. Some factors that could cause actual results to differ materially from historical or expected results include: factors listed in the initial public offering registration statement as filed with the Securities and Exchange Commission; changes in general economic conditions, either nationally or locally in the areas in which we conduct or will conduct our business; inflation, interest rate, market and monetary fluctuations; increases in competitive pressures among financial institutions and businesses offering similar products and services; higher defaults on our loan portfolio than we expect; changes in management's estimate of the adequacy of the allowance for loan losses; legislative or regulatory changes or changes in accounting principles, policies or guidelines; management's estimates and projections of interest rates and interest rate policy; the execution of our business plan; and other factors affecting the financial services industry generally or the banking industry in particular.

We do not intend and disclaim any duty or obligation to update or revise any industry information or forward-looking statements set forth in this press release to reflect new information, future events or otherwise.
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Publication:Business Wire
Date:Nov 25, 2008
Words:582
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