Strategic Insights into Banking & Fintech

Milestone Bank in Utah hires former PacWest exec as its CEO

Milestone Bank in Salt Lake City has a new leader.

The bank said in a press release that Mark Yung had become its chairman, CEO and president. He will also serve as CEO of Milestone Capital Partners.

“I’m excited to join Milestone Bank at such a pivotal moment of its growth trajectory,” Yung said in the release. “The bank has achieved strong growth by moving with speed and being committed to customer excellence. As a leader with a diverse experience as an entrepreneur, investor and operator, I intend to apply that lens in shaping Milestone Bank’s strategic vision.”

Yung was chief operating officer at PacWest Bancorp.

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