Torrey Pines Bank Announces New Hires for Downtown Los Angeles Office

Torrey Pines Bank is announcing the hiring of executives at its downtown Los Angeles office. The bank is announcing that in Los Angeles: Kristine Price has returned to Torrey Pines Bank as executive vice president, senior credit administrator, for the Los Angeles market and will be based in the region’s flagship One Bunker Hill office.  Also, Xue Lian “Maggie” Shi has been hired as vice president, loan officer for the bank’s One Bunker Hill office.

Kristine Price has returned to Torrey Pines Bank as executive vice president, senior credit administrator, for the Los Angeles market. She will be based in the market’s flagship One Bunker Hill office.  Previously, Kristine was executive vice president, chief credit officer for Torrey Pines Bank prior to being recruited by the bank’s sister institution, Bank of Nevada, as its executive vice president, chief credit officer. She draws on 34 years experience in credit administration and will bring sophisticated credit measurement and control systems to the bank’s expanding Los Angeles operation. She has a Bachelor of Arts degree from San Diego State University and graduated from Pacific Coast Banking School.  She currently sits on the national board of the Risk Management Association (RMA) and is a member of the RMA's Community Bank Council.

Xue Lian “Maggie” Shi has been hired as vice president, loan officer for the bank's one Bunker Hill office in Los Angeles. She draws upon eight years of experience, most recently as an asset manager for the third largest real estate private equity firm in the world.  She has a Master of Business Administration degree in finance from the University of Wisconsin at Madison and is fluent in both Chinese and English.

"At Torrey Pines Bank, we are dedicated to providing excellent customer service, competitive pricing, and market expertise to help area businesses take advantage of opportunities, flourish, and grow. Our most recent new executive hires in customer relationships and credit administration will help us to give more businesses the ability to capitalize on low interest rates, low commercial real estate valuations, and other market opportunities with leading area industry experts that can personally guide them through the process, " said Gary Cady, CEO, Torrey Pines Bank.

In 2003, Torrey Pines Bank started with $20 million in initial capital and a single office with seven employees.  Today it has $1.9 billion in assets, 12 full service offices and one loan production office, and 228 full-time employees.