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SVB To Build Private Client VC And PE Services

NIck Parmee

29 June 2010

Silicon Valley Bank, which targets the California technology, life science, venture capital and premium wine industries, is to focus Gwendolyn Wong on managing credit approval and product development for SVB Private Client Services' venture capital and private equity clients.

Wong joined SVB in 2009 after consulting and serving as a senior vice president and senior credit officer for East West Bank. Previously, she had served as the senior credit risk manager for private bank First Republic since 2004. Wong has also held senior leadership positions with California Bank & Trust, KPMG and the Industrial Bank of Japan.

Founded in 1983 and headquartered in Santa Clara, SVB serves clients around the world through 26 US offices and international operations in China, India, Israel and the UK.