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CALIFORNIA BANK & TRUST NAMES MICHAEL MACDONALD AS PRESIDENT

PR Newswire•26/10/2026•14:39 ET
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Key Highlights

  • ➤Michael MacDonald named California Bank & Trust president
  • ➤MacDonald will oversee Commercial, Corporate and Specialty Industry banking divisions
  • ➤MacDonald will continue leading Zions Capital Markets
  • ➤MacDonald joins Zions Bancorporation Executive Management Committee

Expert Statements

Eric Ellingsen, CEO of California Bank & Trust

“Michael's vision, strategic discipline and deep institutional knowledge make him an exceptional leader to serve as President of CB&T”

Eric Ellingsen, CEO of California Bank & Trust

“Having built our Power & Project Finance practice before expanding Zions Capital Markets into a nationally competitive platform, Michael brings the expertise needed to deliver sophisticated financial solutions and accelerate growth for our clients across California.”

Michael MacDonald, President of California Bank & Trust

“California Bank & Trust has a strong reputation defined by local decision-making and deep client relationships”

Michael MacDonald, President of California Bank & Trust

“I look forward to working closely with the CB&T leadership team to build on that strong foundation.”

Michael MacDonald, President of California Bank & Trust

“As our clients navigate complex, dynamic operating environments, we are uniquely positioned to pair the agility of a community bank with the resources and product capabilities of a large regional.”

CALIFORNIA BANK & TRUST NAMES MICHAEL MACDONALD AS PRESIDENT PR Newswire

MacDonald to oversee Commercial, Corporate and Specialty Industry banking divisions while continuing leadership of Zions Capital Markets

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