Business & Tech

PVE Man Chosen as New Malaga Bank VP

Mark Smith will step in as senior vice president/business banking.

Palos Verdes Estates resident Mark Smith will soon be Malaga Bank's senior vice president/business banking, Malaga Financial Corporation announced Thursday.

Smith, who has worked at Beach Business Bank and Bay Cities National Bank, also holds board member positions with the South Bay Police & Fire Memorial Foundation and the Torrance-South Bay Area YMCA.

"We are pleased to announce that Mark Smith has joined our organization," Randy C. Bowers, president and CEO of Malaga Financial Corporation, said in a statement. "Mark’s 30-plus years of experience as a commercial business banker in the South Bay will contribute to the further growth of our business banking relationships and geographic expansion. Mark’s personal dedication to his clients and sense of community spirit reflect those values already so important to Malaga Bank. His association with the largest community bank headquartered in the South Bay will allow him increased opportunities to offer the exceptional customer service and financial products that we are known for."

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