TACOMA,
Wash., July 17, 2023 /PRNewswire/ -- Columbia
Trust Company, a subsidiary of Columbia Banking System, Inc.
(Nasdaq: COLB), announced today it has named Rob Pitois as Senior Vice President and Regional
Trust Manager for California and
Nevada. Pitois will be responsible
for hiring and building a high-caliber trust and investment team to
lead the company's planned expansion into markets now available
through Columbia's merger earlier
this year with Umpqua Bank. He will report to Rob Howell, President and Director of
Investments at Columbia Trust Company.
Pitois most recently led a team of Umpqua Private Bank advisors
and bankers focused on providing comprehensive wealth management
solutions to high-net-worth families, business owners, family
offices, and select non-profit organizations. Prior to Umpqua, he was a senior private banker and
San Diego market team leader at
City National for eight years. Pitois has served the California market for more than 23 years.
"Columbia Trust Company has gone through a period of rapid
growth in the past three years, and this appointment is one of many
to come as we plan our expansion into California, Nevada, and across the West," said Howell.
"Rob is an exceptional leader and brings comprehensive expertise in
estate planning, risk management, retirement planning, and
liability management solutions. Under his leadership, we will hire
investment specialists, trust market managers, trust officers, and
other experienced estate planning professionals to deliver our
clients the benefits of Columbia Bank's recent merger with
Umpqua Bank."
Pitois is a Certified Financial Planner® and received a
certificate in financial planning from the University of California, Los Angeles. In
addition, he holds the Certified Investment Management Analyst®
designation administered by the Investments & Wealth Institute®
and taught in conjunction with The Wharton School, University of
Pennsylvania. He is also a Certified Exit Planning Advisor and
a Certified Private Wealth Advisor (CPWA). The CPWA is administered
by the Investment and Wealth Institute and is taught in conjunction
with the University of Chicago Booth
School of Business.
Pitois earned his B.S. in Economics from San Diego State
University. He is also a Pacific Coast Banking School
graduate, which is a partnership with the Foster Graduate School of
Business at the University of
Washington. An active member of the local community, Pitois
has served on the YMCA Overnight Camps of San Diego Board and the San Diego Sports
Commission Board.
About Columbia Trust Company
With offices in Washington,
Oregon and Idaho, Columbia Trust Company has been
providing families and nonprofits with a full range of trust
services and investment solutions, including non-traditional assets
and business ventures, since 1966. Columbia Trust Company is an
affiliate of Umpqua Bank and a wholly-owned subsidiary of Columbia
Banking System, Inc. For more information, please visit:
www.columbiatrustcompany.com.
Learn more about the Columbia Banking System and Umpqua Holdings
Corporation merger here.
Views of Columbia Trust Company are as of the date published and
are subject to change based on market conditions and other factors.
These views should not be construed as a recommendation for any
specific security. Products and services are offered by Columbia
Trust Company, an affiliate of Umpqua Bank and a wholly-owned
subsidiary of Columbia Banking System, Inc. The professionally
managed investments of Columbia Trust Company are: NOT A DEPOSIT *
NOT FDIC-INSURED * NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY *
NOT GUARANTEED BY UMPQUA BANK *
MAY GO DOWN IN VALUE.
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SOURCE Columbia Trust Company