TORREY PINES BANK ANNOUNCES NEW EXECUTIVE FOCUSED ON BANKING NEEDS OF LOCAL BUSINESSES AND CORPORATIONS

Torrey Pines Bank, the California division of Western Alliance Bank, an affiliate of Western Alliance Bancorporation, is announcing the hiring of Marcus A. Di Fiore as Senior Vice President, Corporate Banking. Di Fiore will lead the bank’s corporate banking division in addressing the specific, often complex needs of mid and large sized companies. In his new role, he will help these companies with services and products that address their deposit, growth, merger and acquisition, partnership, buyout and other needs.

Di Fiore draws on 12 years of experience in the financial services industry, working on business development, relationship management and underwriting in private, business and commercial banking.  For the past six years, he was responsible for developing middle market credit and deposit relationships. Prior to that, he held relationship management and business development roles at financial institutions in the Phoenix metropolitan area and in Chicago.

Di Fiore currently is Chairman of the Board of the Tariq Khamisa Foundation (TKF), which provides mentorship programs in elementary, middle and high school, focused on stopping youth violence throughout San Diego County. TKF's mission is to transform violence-prone, at risk youth into nonviolent, acheiving individuals and create safe and productive schools. Prior to joining TKF, Di Fiore was a board member and  micro lending consultant (2009-2011) at San Diego-based non-profit, Mabuhay Alliance, a leading resource and service provider to the Pan Asian and other underserved communities for home ownership retention and small business growth and development. He received his Bachelor of Business Administration in accounting from Texas Southern University.

“As a division of a $10 billion bank, Torrey Pines Bank has the capacity and flexibility to accommodate middle market businesses with the same high level of personalized service on which we have built our strong reputation,” said CEO Gary Cady.  “Our service is our calling card, and we are committed to addressing the diverse needs of local organizations.  Business customers of all sizes have access to seasoned professionals like Marcus and others who are adept in offering commercial banking and business management guidance and advice.  We welcome him to our team.”

Di Fiore will work from the bank’s Carmel Valley office and report to John Maguire, president and COO of the bank.

About Torrey Pines Bank

Founded in 2003, Torrey Pines Bank is focused on providing customers with direct access to local experts who can help advance their businesses and the local economy.  The bank has 11 offices throughout San Diego, Los Angeles and the Bay Area. It is a recipient of the Peak Performance Award (National University School of Business), one of only 35 California banks recognized by the Findley Reports for achieving “Super Premier” performance and recently received a "Superior" ranking, the highest category and "simply the best by all measures" (IDC Management's fourth quarter report of Bank Management Review).  Executives attribute the bank’s success to its prudent banking practices, financial capacity, strong focus on customers and commitment to providing them with leading bankers who hail from the areas in which they serve.