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California Bank & Trust (CB&T) announced the expansion of its commercial and industrial banking division.
CB&T has hired a group of three veteran industry experts in commercial banking to support the growing market in San Diego and surrounding areas.
Former Torrey Pines Bank senior leadership executive Gary Cady, and senior commercial banker Burt Brigida, joined CB&T in the fourth quarter of 2023. Gail King, another long-time San Diego commercial banking professional, joined CB&T in the first quarter of 2024.
With more than 40 years of experience in commercial and community banking, Cady joined CB&T as a market consultant. A San Diego native and San Diego State and National University graduate, Cady has spent his entire commercial banking career in the market and is well connected throughout the area. Prior to joining CB&T, he served as chief executive officer for Torrey Pines Bank and executive vice president for Western Alliance Bank. During his tenure, the bank grew from $500 million in assets to more than $50 billion in assets.
Brigida joined CB&T with nearly 40 years of experience in the banking industry and a strong track record of success building high-performing commercial banking teams. He previously served nine years at CB&T, joining in 2000, before moving on to Torrey Pines Bank in 2009 where he led and grew a commercial banking office for 14 years.
He also held various roles at Bank of America, Sanwa Bank of California and Valley De Oro Bank. He is actively involved in the loan committee of the California Southern Small Business Development Corporation and a member of the Mission Valley YMCA and San Diego Nice Guys.
King joins CB&T as senior vice president, commercial banking relationship manager.
Prior to joining CB&T, she served as senior vice president at Torrey Pines Bank for over 20 years, half of her 40-year banking career. Her expertise includes working with professional services firms, including law firms, insurance brokerages, property management companies and CPAs. She’s also experienced in owner-user and investment real estate financing. King is an engaged community leader, serving on the board of the San Diego County Bar Foundation, and has previously served on the boards of the Copley Price YMCA and the San Diego Downtown Partnership.
The new additions to the Commercial Banking Team will complement CB&T’s existing teams in the region, led by Steven Stuckey, executive vice president and San Diego market president at CB&T, with responsibility for growing the bank’s market share of commercial banking services for companies and non-profit organizations with revenues of $10 million to $500 million.
For more information on CB&T’s commercial banking products and services, visit https://www.calbanktrust.com/business-banking/.