Community West Bancshares, the parent company of Community West Bank today announced that James W. Lokey has been appointed to its Board of Directors and to the Board of Directors of Community West Bank, the Company's wholly owned subsidiary.
The new position essentially replaces the job that was previously held by Jane Fraser, who ran global mortgages and U.S. consumer and commercial banking before being promoted to run the Latin America unit starting this month
The new group will work with the bank’s existing venture-capital coverage bankers and private-wealth management, advising both companies seeking to raise capital and investors looking to buy into private deals.
The outgoing chairman of Rothschild North America, the New York-based subsidiary controlled by Europe’s most storied banking family, is teaming with activist hedge fund Jana Partners.
Moelis & Co., the merger-advisory firm that went public last year, hired Tim Fitzsimmons as a managing director in its private-funds advisory business.