The Appointment Unifies IDB Bank’s Commercial Banking Platform Nationwide to Support Next Phase of Growth and Transformation. NEW YORK, Jan. 20, 2026 /PRNewswireThe Appointment Unifies IDB Bank’s Commercial Banking Platform Nationwide to Support Next Phase of Growth and Transformation. NEW YORK, Jan. 20, 2026 /PRNewswire

IDB Bank Appoints David Park as President of Commercial Banking

The Appointment Unifies IDB Bank’s Commercial Banking Platform Nationwide to Support Next Phase of Growth and Transformation.

NEW YORK, Jan. 20, 2026 /PRNewswire/ — IDB Bank (IDB), a New York-based private and commercial bank, and the largest Israeli-owned bank operating in the United States, today announced the appointment of David Park as President of Commercial Banking, effective January 5, 2026.

In this newly unified role, Park will lead IDB Bank’s Commercial Banking business nationwide, aligning the Bank’s regional platforms under a single national structure to enhance service offerings, consistency and collaboration, while preserving IDB’s relationship-driven approach. He will report directly to Avner Mendelson, President & Chief Executive Officer of IDB Bank.

Park’s appointment marks a significant milestone in IDB Bank’s strategic evolution, aligning its Commercial Banking operations across New York, California, and Florida to support thoughtful growth and deliver a more seamless client experience. This alignment mirrors the Bank’s successful Private Banking and Wealth Management model, strengthening coordination behind the scenes while maintaining local leadership, decision-making, and deep market expertise.

“David is a proven commercial banking leader with a rare combination of strategic vision, operational discipline, and a deep commitment to relationship banking,” said Avner Mendelson, President & CEO of IDB Bank. “As we enter our next phase of growth, unifying our commercial platform under David’s leadership allows us to better serve our clients with greater consistency, scale, and connectivity across regions without losing the personal, client-first culture that defines IDB.”

Park joins IDB Bank with more than 20 years of experience leading and scaling commercial banking platforms at relationship-driven financial institutions. Most recently, he served as President of Commercial Banking at Axos Bank, where he led national strategy across lending, deposits, and treasury management, launched more than 20 new business lines, and played a key role in integrating fintech acquisitions while driving strong growth across both loans and deposits.

Previously, Park held senior leadership roles at Banc of California and City National Bank, where he built and led high-performing commercial and business banking teams, expanded middle-market and specialty lending platforms, and strengthened client-centric credit and risk management practices.

“I’m excited to join IDB Bank at such a pivotal moment,” said Park. “The opportunity to bring together strong regional franchises into a more connected national platform while preserving IDB’s relationship-focused culture and local expertise is incredibly compelling. I look forward to partnering with our teams to build on the Bank’s momentum and continue delivering meaningful value to our clients.”

About Israel Discount Bank of New York (“IDBNY” or “IDB Bank”)

IDB Bank is a New-York State-chartered commercial bank, a member of the FDIC, and a subsidiary of Israel Discount Bank LTD., one of Israel’s leading Banks. In addition to its Manhattan headquarters, IDB Bank operates full-service offices in California, Florida and the tristate area, including branch locations in Brooklyn, N.Y, Staten Island, N.Y and Short Hills, N.J. The Bank provides a complete range of private banking and commercial banking services to U.S and international clients.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/idb-bank-appoints-david-park-as-president-of-commercial-banking-302665734.html

SOURCE IDB Bank

Market Opportunity
Lorenzo Protocol Logo
Lorenzo Protocol Price(BANK)
$0.05338
$0.05338$0.05338
+1.96%
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

The post Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details appeared on BitcoinEthereumNews.com. Japan-based Bitcoin treasury company Metaplanet announced today that it has successfully completed its public offering process. Metaplanet Grows Bitcoin Treasury with $1.4 Billion IPO The company’s CEO, Simon Gerovich, stated in a post on the X platform that a large number of institutional investors participated in the process. Among the investors, mutual funds, sovereign wealth funds, and hedge funds were notable. According to Gerovich, approximately 100 institutional investors participated in roadshows held prior to the IPO. Ultimately, over 70 investors participated in Metaplanet’s capital raising. Previously disclosed information indicated that the company had raised approximately $1.4 billion through the IPO. This funding will accelerate Metaplanet’s growth plans and, in particular, allow the company to increase its balance sheet Bitcoin holdings. Gerovich emphasized that this step will propel Metaplanet to its next stage of development and strengthen the company’s global Bitcoin strategy. Metaplanet has recently become one of the leading companies in Japan in promoting digital asset adoption. The company has previously stated that it views Bitcoin as a long-term store of value. This large-scale IPO is considered a significant step in not only strengthening Metaplanet’s capital but also consolidating Japan’s role in the global crypto finance market. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/japan-based-bitcoin-treasury-company-metaplanet-completes-1-4-billion-ipo-will-it-buy-bitcoin-here-are-the-details/
Share
BitcoinEthereumNews2025/09/18 08:42
Building a DEXScreener Clone: A Step-by-Step Guide

Building a DEXScreener Clone: A Step-by-Step Guide

DEX Screener is used by crypto traders who need access to on-chain data like trading volumes, liquidity, and token prices. This information allows them to analyze trends, monitor new listings, and make informed investment decisions. In this tutorial, I will build a DEXScreener clone from scratch, covering everything from the initial design to a functional app. We will use Streamlit, a Python framework for building full-stack apps.
Share
Hackernoon2025/09/18 15:05
LINK Price Prediction: Testing Critical Support at $11.70 as Bears Target $10.50

LINK Price Prediction: Testing Critical Support at $11.70 as Bears Target $10.50

The post LINK Price Prediction: Testing Critical Support at $11.70 as Bears Target $10.50 appeared on BitcoinEthereumNews.com. Tony Kim Jan 21, 2026 16:41 Chainlink
Share
BitcoinEthereumNews2026/01/22 07:47