Banc of California hired Anel Califano and Nicole Lorenz as senior vice presidents in the treasury management sales organization and the specialty deposits group, respectively.

Califano will oversee the treasury management sales team, and will partner closely with the community, private, commercial and real estate banking teams. Lorenz brings deposit and treasury products knowledge to her new role and will focus on the specialized depository needs of clients in targeted industries. A 20 year commercial banking veteran, Califano previously held positions at MUFG Union Bank and Wells Fargo.

Lorenz also joined Banc of California from MUFG Union Bank and previously held roles at City National Bank and California Bank & Trust. She has more than 25 years of commercial banking experience.

“We welcome both Anel and Nicole to the Banc of California team as they join us to lead the execution of our deposit gathering and treasury management sales strategy,” said Doug Bowers, president and CEO of Banc of California.