Dan Yates will continue operations as the bank’s chief executive officer and president of Grandpoint Capital, the parent company of Regents Bank.
Sefton served as senior vice president of Citizen’s Business Bank, where he was responsible for managing one of the bank’s largest regional offices, prior to joining Reagent Bank.
From 1995 to 2008, Sefton worked for Mellon 1st Business Bank, besides serving as team leader and vice president of Sanwa Bank, from 1991 to 1995.
Having begun his banking career at City National Bank, working at the Beverly Hills headquarters in 1984, Sefton currently serves on the board of one of Boy Scouts Councils in the country.
Founded in 2001, Regents Bank specializes in serving small to mid-size businesses, and provides a full line of commercial business loans, SBA 504 real estate loans, investment real estate financing, an array of depository products, corporate cash management and private banking services.