SVB - FinTecBuzz

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FinTecBuzz

SVB Hires Kim Olson as Chief Risk Officer

Risk Management

SVB Hires Kim Olson as Chief Risk Officer

January 5, 20235 min

SVB, the financial partner of the innovation economy and parent of Silicon Valley Bank, today announced the appointment of Kim Olson as Chief Risk Officer (CRO). In this role, Olson will lead the Risk function and team, developing and maintaining SVB’s risk management framework and a culture of risk management across the company. “Kim’s deep and multi-faceted financial services experience as a senior risk leader and former regulator and bank supervisor positions her perfectly to actively manage...

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SVB Appoints Leadership for SVB Private & Silicon Valley Bank UK

SVB Appoints Leadership for SVB Private & Silicon Valley Bank UK

December 6, 20227 min

SVB Financial Group (SVB) today announced that Erin Platts has been appointed President of SVB Private and David Sabow has been named CEO of Silicon Valley Bank UK and Head of EMEA, pending UK regulatory approval. Both long-term SVB employees, Platts and Sabow will bring their SVB and innovation economy leadership experience to key growth areas for the company. Upon the transition to their new roles expected in Q2 2023, Platts will also join SVB’s executive committee. SVB is...

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SVB Financial Group Board of Directors Declares Series A Preferred Stock Dividend

Banking Platform

SVB Financial Group Board of Directors Declares Series A Preferred Stock Dividend

January 27, 20203 min

SVB Financial Group (“SVB”) (NASDAQ: SIVB) today announced that its Board of Directors declared a quarterly cash dividend of $9.625 per share on SVB’s 5.250% fixed-rate non-cumulative perpetual Series A Preferred Stock, liquidation amount $1,000 per share, which are represented by depositary shares (NASDAQ: SIVBP), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.240625 per depositary share. The dividend is payable on February 18, 2020 to...

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