MV

Marc J. Verissimo

Director at Avidbank

Mr. Verissimo brings with him 40 years of banking experience, primarily with emerging growth companies within the private equity sector. After stints with Bank of America, First Interstate Bank, and Comerica Bank, Mr. Verissimo joined Silicon Valley Bank in 1993. Over the next 24 years he served on the executive committee and worked in multiple roles including Head of California Banking, Chief Strategy Officer, Chief Risk Officer, and twice held the office as interim Chief Financial Officer. In these positions, he led the California banking team that comprised two thirds of the bank's revenues, oversaw the bank's international expansion into the United Kingdom, China, Israel and India, oversaw IT, HR, Legal, Operations, Finance, Audit, BSA/AML at various times, and finally led credit, enterprise Risk Management, cyber security, compliance, credit review, and regulatory relations among other responsibilities. Mr. Verissimo has an undergraduate degree from UC Davis and an MBA from Harvard Business School. He currently serves as Chairman of the Board at Lighter Capital, and serves on the Board of PollenVC – both are FinTech companies revolutionizing the business of startup financing. He also serves on the Board of Customer Vineyards, a company bringing big data analytics to the wine industry. Mr. Verissimo also serves as an Executive Trustee for the UC Davis Endowment. Additionally he serves as an advisor to debt funds and startups.