Columbia Banking System Adds Risk Management Veteran to Board
Event summary
- Simone Lagomarsino joins Columbia Banking System's Board of Directors effective September 1, 2026.
- Lagomarsino will serve on the Enterprise Risk Management and Audit Committees.
- She brings over 40 years of experience in finance, governance, and risk management.
- Most recently, she was President and Chief Risk Officer of First Foundation Inc. until its sale.
The big picture
Columbia Banking System is bolstering its governance with a seasoned risk management executive as regional banks face increasing regulatory and economic pressures. Lagomarsino's track record in repositioning organizations for growth suggests a strategic emphasis on disciplined expansion and prudent risk management. Her appointment comes at a critical juncture for the West Coast banking sector, where mergers and acquisitions are reshaping competitive dynamics.
What we're watching
- Risk Management Focus
- How Lagomarsino's expertise will influence Columbia's risk strategies amid regulatory scrutiny.
- Governance Dynamics
- Whether her leadership can drive long-term value creation for shareholders and customers.
- Strategic Growth
- The pace at which Columbia integrates Lagomarsino's insights into its expansion plans.
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