The Bank Slate


Heritage Commerce taps insider as next bank president

Heritage Commerce in San Jose, Calif., has a new bank president. 

The $5.5 billion-asset company said in a press release Monday that Clay Jones had also become the bank’s chief operating officer. Walter Kaczmarek, the company’s president and CEO, will remain the bank’s CEO. 

“Clay is an exceptional leader and his promotion … places him in a key leadership role to preside over further growth and success of our bank,” Kaczmarek said in the release. “Clay has more than three decades of proven experience growing community and commercial banking organizations.”

Jones recently served as president of community business banking at the bank. He previously served as president of Presidio Bank.

The company announced in a separate release that it had appointed Kamran Husain to its board. Husain most recently served as chief accounting officer at SVB Financial Group. 

“We are delighted to welcome Kamran to the company’s board … and look forward to working with him as we pursue our mission to grow our franchise,” Jack Conner, Heritage Commerce’s chairman, said in the release. “His deep experience in banking and finance, coupled with his extensive leadership skills and insight, will be a valued addition and complement the contributions of the other members of our board.”

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