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Tuesday, July 14, 2020
Tue, Jul 14th, 2020
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Gene Dunford
Senior Managing Director and Senior Vice President
Umpqua Bank
THE LATEST: As an active lender in the Paycheck Protection Program, Umpqua reported on an April earnings call that it processed more than 6,700 PPP small-business loan applications worth more than $1.4 billion in a matter of weeks. That stands in sharp contrast to the average $140 million worth of Small Business Association loans that Umpqua processes in a normal year, according to the bank.
BACKGROUND: Dunford, a multi-decade veteran of Los Angeles' commercial banking sector, joined Umpqua in 2016 to open a corporate banking division. The bank is based in Portland, Ore., but has made the Southern California market a priority. Dunford's team here specializes in middle-market and upper-middle-market commercial and industrial companies. He received his undergraduate degree in business marketing from Utah State University and an MBA from the University of Redlands.
YEARS ON THE LA500: 3
Return to the 2020 edition of the LA500.
