Bridge Bank hired Dave Bhagat as senior managing director of its international banking group. In his new role, Bhagat will manage the foreign exchange sales and trading team, the trade finance and EXIM team and correspondent banking and multi-currency accounts. He will also lead the development of new FX and interest rate hedging solutions and work to increase awareness of the group’s capabilities.

Bhagat joined Bridge Bank from Silicon Valley Bank, where he most recently served as managing director and head of foreign exchange and rates trading. He previously held senior sales and trading roles in foreign exchange, fixed income and derivatives at JPMorgan Chase, HSBC Bank and Citibank.

“Our clients nationwide depend on us for the range of international banking resources they need to support their global strategies,” Daniel P. Myers, CEO of Bridge Bank, said. “Dave brings us tremendous expertise and a deep-seated client focus that fits with how we do business at Bridge Bank.”

“The international banking group does an excellent job serving our clients’ foreign exchange and trade finance needs,” Bhagat said. “I look forward to helping the group enhance our capabilities to meet the growing needs of our clients as they expand domestically and internationally.”