Umpqua Bank is adding a new corporate banking division to provide growing companies with dedicated resources and a full range of corporate banking products, including debt capital markets, international banking and treasury management. Industry veteran Richard Cabrera has joined Umpqua to lead the division.

“Umpqua’s strong presence in key west coast markets provides us with a terrific opportunity to serve the region’s growing businesses,” said Tory Nixon, executive vice president and head of commercial banking. “These companies need access to sophisticated financial expertise, and Richard’s knowledge combined with Umpqua’s customer-centric approach will help them grow while accelerating the expansion of our corporate banking portfolio.”

Cabrera brings 30 years of commercial banking expertise to his role as executive vice president of corporate banking. Previously he served in a variety of commercial and corporate banking roles at California Bank & Trust, most recently as executive vice president and regional manager overseeing a large portfolio of middle market, high growth companies.