Palo Alto, CA, September 30, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that Ron Kundich has rejoined the Bank as senior vice president. Kundich was a member of Square 1 Bank’s founding team, and assisted in the opening of the Silicon Valley office in 2005. In his new role, Kundich will have primary responsibility for developing and managing relationships within the bank’s technology practice in the Silicon Valley area.
“Having been a founding member of Square 1 in 2005 and helping to build out the Silicon Valley presence through the middle of 2010, I have been impressed from afar over the past few years as Square 1 has continued to layer in top-tier, executive management in Silicon Valley and nationally,” said Kundich. “I look forward to helping to expand Square 1 Bank’s reach within the region and providing high-touch, top-tier service to local CEOs, CFOs, venture capitalists and their companies.”
Kundich, who has over 20 years of technology lending experience, returns to Square 1 Bank from Orix Ventures where he served as principal and senior relationship manager for the firm’s western region. Prior to his tenure at Orix, Kundich was vice president in US Bank’s technology banking group, where he provided strategic direction and portfolio development for the team. Previous experience also includes roles within the life science group at Silicon Valley Bank and venture banker in the technology practice at Imperial Bank. Kundich earned a BS in Business from the University of California at Riverside and holds an MBA from San Jose State University.
“We are excited to welcome Ron back to the Square 1 Bank team,” said Sam Bhaumik, executive vice president and head of the Silicon Valley region. “Ron is a seasoned venture banker with deep industry experience and an outstanding track record of success in the venture capital space. His expertise will be critical as we continue to grow and strengthen our presence in the region. We look forward to leveraging his experience and relationships to provide clients with support and solutions for the complex and unique challenges they face.”
About Square 1 Bank
Square 1 Bank is a full service commercial bank dedicated exclusively to serving the financial needs of the venture capital community and entrepreneurs in all stages of growth and expansion. Square 1's expertise, focus and strong capital base provide flexible resources and unmatched support to meet our clients’ needs. The bank offers tailored products and solutions aided by the latest in technological innovations. Square 1 has offices coast to coast in Austin, Boston, Denver, Durham, Los Angeles, New York, San Diego, Seattle, Silicon Valley and Washington, DC. For more information, visit www.square1bank.com.
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