The board of directors of Partners Bank of California, a community bank, recently promoted President and Chief Banking Officer Michael Chambers to president and CEO, effective immediately. He also serves on the board of directors.
“Mike’s promotion reflects the confidence the Board has in his leadership, experience, and commitment to the Bank,” Mike Ahmar, Partners Bank of California executive chairman, said. “His career with the Bank exemplifies the values on which Partners Bank was built.”
Partners Bank of California was founded in 2007 by a group of entrepreneurs. It is headquartered in Mission Viejo and has regional branch office locations in Mission Viejo and Beverly Hills. Chambers is one of the bank’s original investors.
He began at the bank as a client adviser and eventually joined senior leadership roles. He has contributed to the bank’s growth, operational development and relationship‑based business model, and manages a client portfolio of more than $300 million in aggregate loans and deposits. In his new role, he will provide strategic leadership and oversee the bank’s operations, growth initiatives, and long‑term objectives.
Chambers began his financial sector career at MBNA America Bank, a credit card company that was sold to Bank of America in 2005.