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AmericanWest Bank Appoints New Executive Officers.


SPOKANE, Wash. -- AmericanWest Bancorporation (Nasdaq:AWBC AWBC Australian Wine Brandy Corporation ) President & 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.  Robert M. Daugherty announced today the appointments of Diane Kelleher as Executive Vice President and Chief Financial Officer for AmericanWest Bancorporation and its subsidiary AmericanWest Bank, and Greg Hansen as Executive Vice President and Director of Commercial Lending for AmericanWest Bank. "I am pleased to announce the addition of Ms. Kelleher and Mr. Hansen to our executive team. The experience that these individuals bring rounds out our team and clearly positions us to propel the bank to its next level."

Having come from Washington Mutual “WaMu” redirects here. For the Washington, DC radio station, see WAMU.

Washington Mutual (or WaMu; NYSE: WM) is the United States' largest savings and loan association.
 and with more than 20 years of banking experience focused primarily around asset/liability management Asset/Liability Management

A technique companies employ in coordinating the management of assets and liabilities so that an adequate return may be earned. Also known as "surplus management.
, treasury, capital and debt management, and financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 and analysis, Ms. Kelleher is well positioned to assume her new role.

"Ms. Kelleher is a respected professional who offers a wealth of experience in banking and finance. We are fortunate to have an individual of her caliber join our team," said Daugherty. Ms. Kelleher replaces former CFO See Chief Financial Officer.  C. Tim Cassels who will be departing the company shortly.

With extensive experience in banking and executive management, Greg Hansen brings to AmericanWest Bank an impressive background in commercial lending team management, managing large and complex credit relationships, and knowledge of capital markets and the securitization Securitization

The process of creating a financial instrument by combining other financial assets and then marketing them to investors.

Notes:
Mortgage backed securities are a perfect example of securitization.

May also be spelled as "securitisation.
 process. Prior to coming to AmericanWest Bank, Mr. Hansen was the Team Leader for the Spokane Commercial Lending Team of U.S. Bank.

"Commercial lending is at the heart of what we do, and Mr. Hansen brings the expertise needed to drive sales, reduce risk, and grow relationships," said Daugherty. Hansen has proven success in his career in generating new loans and commitments, obtaining new relationships, reducing risk rated assets, and increasing market share. Mr. Hansen replaces former EVP EVP Executive Vice President
EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor
EVP Electronic Voice Phenomenon
EVP Europäische Volkspartei (Germany)
EVP Employee Value Proposition
 of Commercial Lending Duane Brandenburg, who has left the bank.

"I feel completely confident that we have assembled an extremely qualified group of executives whose combined energy and experience will take this organization to the next level," said Daugherty, who joined AmericanWest Bancorporation as CEO in September of 2004. "We now have the skills, the commitment, and the direction to grow this company, while keeping our eyes firmly focused on the fundamentals of community banking."

AmericanWest Bancorporation is a community bank holding company with 42 offices located in Eastern and Central Washington and Northern Idaho. For more information about the company or to access Internet banking, please visit our website at www.awbank.net.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 7, 2005
Words:403
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