Signature Bank expanded its new San Francisco office with the addition of two private banking teams. Dale Zeigler and Sumiko Sheaffer were each named group director, SVP and will lead their own teams. Both previously worked with Joe Petitti, Signature Bank’s head of West Coast Operations.
Zeigler brings 33 years of commercial banking experience to his new role, with more than 20 years spent in the San Francisco market. Before joining Signature Bank, Zeigler was vice president and principal business relationship manager with Wells Fargo in San Francisco for 12 years, where he managed the financial needs of a large portfolio of middle market companies across various industries. Earlier, Zeigler was senior vice president and Business Banking manager at Business Bank of California (South San Francisco) and assistant vice president in Commercial Lending for The Pacific Bank in San Francisco.
Sheaffer has 32 years of banking experience, 27 of which were spent at MUFG Union Bank in San Francisco. Most recently, she served as vice president and relationship manager in Asian Corporate Banking, where she managed U.S. subsidiaries of foreign corporations. She also served as vice president and relationship manager for San Francisco Business Banking at MUFG.
Associate Group Director Sergey Shikhvarg, named associate group director, and Senior Client Associate-Officer Charlotte Elopre will join Zeigler’s team.
Most recently, Shikhvarg was a vice president and senior commercial relationship manager at Bridge Bank, where he managed commercial banking relationships. His banking career began at Wells Fargo as a vice president and principal business relationship manager for San Francisco Business Banking.
Elopre, with 13 years of banking-related experience, worked with Zeigler at Wells Fargo as a business associate II, supporting business relationship managers.
“Since receiving our official approval to commence full-service banking operations in California, we are enthusiastic about the interest we have drawn from veteran bankers throughout the San Francisco marketplace. We found our single-point-of-contact model is needed in this market, where mega-banks continue to dominate the landscape. We are attracting seasoned bankers with extensive backgrounds and solid reputations and experience in commercial and relationship-based banking in the San Francisco marketplace,” said Joseph J. DePaolo, president and CEO.
