Welcome!

News Feed Item

Mark Kajita Named President/Chief Investment Officer of Baker Boyer Bank

WALLA WALLA, WA -- (Marketwired) -- 09/12/13 -- Baker Boyer Bank (OTCBB: BBBK) announced today that it has named Mark Kajita, Executive Vice President and Wealth Management Division Manager, as President/Chief Investment Officer effective in January 2014. Long-time President and CEO Megan Clubb said she will hand over many of her day-to-day responsibilities to Kajita, and work with him in a co-leadership role. She has been with the bank for 23 years and was named president in 2000 and CEO in 2002.

It was also announced that Peter Allen, a member of the sixth generation of the bank's founding family, will replace Kajita as Wealth Management Division Manager.

"I can enthusiastically welcome Mark and Peter to their new roles in large part because of our leadership team and great employees. Along with Executive Vice President and Chief Operating Officer Mark Hess and Executive Vice President and Banking Division Manager Lyle Hansen, the executive management team will be available to provide valued counsel. The four of us will provide continuity and a strong leadership team covering all aspects of banking and financial advising," Clubb said.

Under her leadership, Baker Boyer has ranked in the top 200 in terms of financial performance among several thousand community banks nationwide each of the past six years, coming in at #14 in 2013. Baker Boyer has also been listed among the best mid-sized companies to work for in the Seattle Business Magazine rankings for eight years and won the award in 2011.

Clubb has also been recognized for her leadership and mentoring of women in banking and was named one of 10 Women of Influence by Seattle Magazine. She is a director of the Federal Reserve Board, Twelfth District in San Francisco and is a Trustee at Whitman College.

Clubb said her responsibilities as a member of the San Francisco advisory board for the Federal Reserve are also taking additional time since she meets every two weeks and travels to San Francisco monthly. In addition, Clubb will be headed to Washington, D.C. next month to represent the twelfth district board at national Fed meetings.

Kajita is a Walla Walla native and earned his B.A. in Business Administration from the University of Washington. He has over 20 years of experience as a licensed C.P.A. beginning with the international accounting firm of Ernst and Young in Seattle. Upon his return to Walla Walla he continued to assist clients with services in the fields of business advising, financial planning, charitable gifting, family wealth distribution, and trust and estate planning. Kajita joined Baker Boyer as a portfolio manager in the Investment Management and Trust Group in 2003. He rose to the rank of Senior Portfolio Manager prior to his promotion to Executive Vice President and Wealth Management Division Manager and member of the bank's Executive Committee in 2010.

Kajita is a commentator for Bloomberg, CNBC, and Fox Business channels advising on national and international economic trends as well as investments. He will remain the bank's Chief Investment Officer. Kajita has been on many community boards and is currently active as a Board Member of the Downtown Walla Walla Foundation, Trustee of the Spokane Episcopal Diocese Foundation and as an Overseer of Whitman College.

"I am very pleased at having the opportunity to work with Megan and the rest of our leadership team and our employees to help Baker Boyer Bank maintain its position as a top performing bank and a great place to work," Kajita said.

Allen has strong roots in Walla Walla with a B.A. from Whitman College and a J.D. from the George Washington University School of Law. He practiced law in Tacoma for five years before returning to Walla Walla in 2006 to join Baker Boyer Bank as a trust officer working closely with Kajita. Allen joined the Board of Directors of Baker Boyer in 2011 and is currently the leader of the Yakima Wealth Management team. Allen is also currently serving on the Community Ministry Board of Providence St. Mary's Medical Center.

ABOUT BAKER BOYER BANK: Headquartered in Walla Walla, Baker Boyer Bank is the oldest independently owned community bank in the state, with 5 branches and wealth management and business banking offices in Yakima and the Tri Cities. They have 179 employees and $551 million in YTD average assets as of June 31, 2013 and currently manage over $1 billion in investments, farmland, and other real estate for its investment and trust clients through its Wealth Management Division.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2404134
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2404137
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2404140
Video-Link Available: http://www2.marketwire.com/mw/frame_mw?attachid=2404168

JoAnne Bennett
509-526-1354
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
SYS-CON Events announced today that Isomorphic Software will exhibit at SYS-CON's [email protected] at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, high-productivity enterprise web applications for any device. SmartClient couples the industry’s broadest, deepest UI component set with a java server framework to deliver an end-...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...