Daily News: August 29, 2018

U.S. Bank Names Kharkar Northern California Market President


U.S. Bank named veteran banker Mahesh Kharkar as its Northern California market president. In this role, Kharkar will lead the market in company-wide efforts and activities and direct commercial banking in Northern California.

Kharkar has more than 30 years of experience in corporate and commercial banking and international trade and has worked extensively with middle-market clients. He has spent the majority of his career in banking in the San Francisco Bay Area, and before joining U.S. Bank, he served as senior vice president and market manager for the Healthcare and Institutions group at Bank of America Merrill Lynch.

He also served as senior vice president and regional manager, Healthcare Financial Services at Wells Fargo and, in an earlier role, led a national sales team for Wells Fargo HSBC Trade Bank. Over the years, Kharkar acquired significant credit expertise, including previously managing a multi-billion dollar credit portfolio that encompassed C & I, commercial real estate and international trade credit commitments.

“We’re pleased to welcome Mahesh to U.S. Bank. He has a strong track record of success in commercial, corporate and international banking and in serving middle market clients,” said Elliot Jaffee, executive vice president and head of Commercial Banking at U.S. Bank. “Mahesh’s leadership and depth of experience will provide even greater support to U.S. Bank clients and the community in Northern California.”