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Columbia Banking System Appoints Ivan Seda as New CFO to Enhance Financial Leadership

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Cashu
3 days ago
Cashu TLDR
  • Columbia Banking System appoints Ivan Seda as Executive Vice President and Deputy CFO, effective August 25, 2025.
  • Seda's expertise aims to enhance Columbia's financial operations and support long-term growth strategies.
  • Columbia Banking System is acquiring Pacific Premier Bancorp, reflecting changes in the competitive banking landscape.
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COLB
Columbia Banking System
-1.14%

Columbia Banking System Strengthens Leadership with New CFO Appointment

Columbia Banking System, Inc. announces the appointment of Ivan Seda as Executive Vice President and Deputy Chief Financial Officer, effective August 25, 2025. With an impressive track record in financial management, Seda brings a wealth of experience from prior roles at Union Bank and MUFG Americas. Most recently, he served as Deputy Chief Financial Officer at BECU, where he honed his skills in financial strategy and performance management. His extensive background positions him well to enhance Columbia’s financial operations and support the bank’s strategic goals for long-term growth.

CEO Clint Stein emphasizes the significance of Seda’s role, stating that his expertise is crucial for bolstering the bank’s financial performance and operational excellence. As Columbia Bank continues to expand its footprint across the Western banking sector, Seda’s leadership is expected to play a vital part in navigating financial complexities and ensuring the bank’s success. Seda expresses enthusiasm about joining Columbia, appreciating its strong legacy of stability and performance. He looks forward to leveraging his skills to contribute meaningfully to the bank’s mission of providing personalized banking services to its diverse clientele.

Columbia Bank stands as the largest bank headquartered in the Northwest, managing over $50 billion in assets. With branches across states such as Arizona, California, and Washington, the bank offers a wide array of services tailored to both consumers and businesses. Seda’s academic credentials, including a Master’s in Accounting and a Bachelor of Arts in Business Administration from the University of Washington’s Michael G. Foster School of Business, coupled with his status as a Chartered Financial Analyst (CFA) and former Certified Public Accountant (CPA-Inactive), further solidify his qualifications for this key position. Additionally, his community involvement, particularly as a board member of the Seattle Aquarium, reflects his commitment to social responsibility.

In other relevant news, Columbia Banking System is set to acquire Pacific Premier Bancorp, which will lead to changes within the S&P SmallCap 600 index. This acquisition comes amid shifting dynamics in the banking sector, highlighting the competitive landscape that Columbia operates within. As the bank prepares for this transition, the addition of Seda to the executive team reinforces its commitment to robust governance and strategic financial management.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

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