Heritage Commerce Corp and Heritage Bank of Commerce Announce Appointment of Janisha Sabnani as General Counsel

Rhea-AI Summary

Heritage Commerce Corp (NASDAQ: HTBK) has appointed Janisha Sabnani as Executive Vice President and General Counsel of both the company and Heritage Bank of Commerce. Reporting directly to CEO Clay Jones, Sabnani will oversee all legal and regulatory matters, bringing over fifteen years of experience in financial services and private practice.

Sabnani's previous role was at First Republic Bank as Senior Vice President, Deputy General Counsel & Assistant Secretary. She also worked as a corporate attorney at Skadden, Arps, Slate, Meagher & Flom, LLP. Her expertise includes public company reporting, capital markets activities, corporate governance, bank products, mergers and acquisitions, bank investments, and regulatory compliance.

She holds a J.D. from NYU School of Law, an M.B.A. from NYU Stern School of Business, and a B.A. from UC Berkeley in Political Science and Mass Communications.

Positive

• Appointment of experienced legal executive with 15+ years in financial services
• Strong educational background with J.D., M.B.A., and relevant experience in banking sector
• Previous experience at major financial institutions including First Republic Bank

Negative

• None.

SAN JOSE, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (“Company”), parent company of Heritage Bank of Commerce (“Bank”), today announced the appointment of Janisha Sabnani as Executive Vice President and General Counsel of the Company and the Bank. As General Counsel, Ms. Sabnani will report directly to Chief Executive Officer (“CEO”) Robertson “Clay” Jones and will have primary responsibility for advising executive management, directors, and business unit executives on all legal and regulatory matters. With over fifteen years’ experience in financial services and private practice, Ms. Sabnani brings a wealth of knowledge and expertise to our team.

“We are fortunate to have Janisha join us. Her diverse experience includes advising on public company reporting, capital markets activities, corporate governance, bank products, mergers and acquisitions, bank investments, regulatory matters, and compliance,” said CEO Clay Jones. “She is a great addition to our leadership team, and I believe that she will be instrumental in our future success.”

Prior to joining Heritage Bank of Commerce, Ms. Sabnani held a progression of roles at First Republic Bank, culminating as Senior Vice President, Deputy General Counsel & Assistant Secretary. Ms. Sabnani also spent several years in private practice as a corporate attorney at Skadden, Arps, Slate, Meagher & Flom, LLP. She also served in a variety of advisory and board roles in Northern California, including with The BASIC Fund and Martha Stoumen Wines. Ms. Sabnani holds a J.D. from the New York University School of Law, an M.B.A. from the New York University Leonard Stern School of Business, and a B.A. in Political Science and Mass Communications from the University of California, Berkeley.

Heritage Commerce Corp, a bank holding company established in October 1997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Oakland, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank of Commerce, is based in San Jose, CA and provides business-essential working capital factoring financing to various industries throughout the United States. For more information, please visit www.heritagecommercecorp.com.

Member FDIC

For additional information, contact:
Debbie Reuter
EVP, Corporate Secretary
Direct: (408) 494-4542
Debbie.Reuter@herbank.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/13889ac9-8482-4f87-9f86-a6a06b4dfe58

FAQ

Who is the new General Counsel appointed at Heritage Commerce Corp (HTBK)?

Janisha Sabnani has been appointed as Executive Vice President and General Counsel of Heritage Commerce Corp and Heritage Bank of Commerce.

What is Janisha Sabnani's previous experience before joining HTBK?

Sabnani previously served as Senior Vice President, Deputy General Counsel & Assistant Secretary at First Republic Bank and worked as a corporate attorney at Skadden, Arps, Slate, Meagher & Flom, LLP.

What are the key responsibilities of the new General Counsel at HTBK?

Sabnani will report to CEO Clay Jones and will be responsible for advising executive management, directors, and business unit executives on all legal and regulatory matters.

What educational qualifications does HTBK's new General Counsel hold?

Sabnani holds a J.D. from NYU School of Law, an M.B.A. from NYU Stern School of Business, and a B.A. in Political Science and Mass Communications from UC Berkeley.