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Aaron Zahedani Returns to Bay View Funding as EVP, Credit & Portfolio Manager, in San Jose, CA

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Bay View Funding, a subsidiary of Heritage Bank of Commerce (Nasdaq: HTBK), has appointed Aaron Zahedani as Executive Vice President, Credit & Portfolio Management, effective immediately. Zahedani, who previously held various positions at Bay View Funding, returns after over three years at Wells Fargo Capital Finance. His role will focus on overseeing global credit risk and portfolio management. Bay View Funding has been providing accounts receivable financing services since 1985, supporting businesses across various industries.

Positive
  • Appointment of experienced executive Aaron Zahedani enhances leadership in credit risk and portfolio management.
  • Zahedani's previous tenure at Bay View Funding suggests familiarity with company operations, potentially leading to effective decision-making.
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  • None.

SAN JOSE, Calif., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Bay View Funding, a subsidiary of Heritage Bank of Commerce, the Bank, and Heritage Commerce Corp (Nasdaq: HTBK), the holding company, today announced the appointment of Aaron Zahedani as Executive Vice President, Credit & Portfolio Management in San Jose, California, effective immediately. Zahedani returns to Bay View after spending over three years as Vice President, Underwriter with Wells Fargo Capital Finance. In his new role, Mr. Zahedani will focus on overseeing the global credit risk and portfolio management team for all of Bay View Funding’s various portfolios.

“We are excited to welcome Aaron back to Bay View. His extensive experience in banking and commercial finance, along with his deep institutional knowledge of Bay View Funding make him a valuable addition to our management team,” said Glen Shu, President of Bay View Funding and President of Heritage Bank of Commerce’s Specialty Lending Group.

Zahedani first joined Bay View Funding in 2001 and has held various positions in both portfolio management and underwriting. He holds Bachelor’s degrees in both Economics and History from the University of California, Davis, and he has been a member of the International Factoring Association since 2003.

ABOUT BAY VIEW FUNDING: Since 1985, Bay View Funding has been providing reliable and quality accounts receivable financing services to businesses. A subsidiary of Heritage Bank of Commerce, it is based in San Jose, CA, and provides business-essential working capital factoring financing to various industries throughout the United States. For more information, visit www.bayviewfunding.com.

ABOUT HERITAGE BANK OF COMMERCE: Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA, has full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, Sunnyvale, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender. The Heritage Specialty Finance Group also includes a national asset-based lending team and a regional SBA lending team in the San Francisco Bay Area. For more information, please visit www.heritagebankofcommerce.bank.   Heritage Bank of Commerce is a Member FDIC.

For additional information, contact: Jarrod Gerhardt, SVP, Marketing Director, (925) 287-7884.


FAQ

Who is the new Executive Vice President of Bay View Funding?

Aaron Zahedani has been appointed as the new Executive Vice President of Credit & Portfolio Management at Bay View Funding.

What is the focus of Aaron Zahedani's role at Bay View Funding?

Aaron Zahedani will oversee the global credit risk and portfolio management team for all of Bay View Funding's portfolios.

When did Aaron Zahedani join Bay View Funding?

Aaron Zahedani first joined Bay View Funding in 2001.

What is Bay View Funding's industry?

Bay View Funding provides accounts receivable financing services to businesses.

What parent company is Bay View Funding affiliated with?

Bay View Funding is a subsidiary of Heritage Bank of Commerce.

Heritage Commerce Corp

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