Bay Community Bancorp, parent company of Community Bank of the Bay, a San Francisco Bay Area commercial bank and certified Community Development Financial Institution (CDFI) with full-service offices in Oakland, Danville and San Mateo, announced that Chief Credit Officer Mukhtar Ali has been promoted to President. With this promotion, Ali will directly oversee many of the key risk functions of the bank including Credit Administration, Operations, Compliance and Information Technology, and will continue to serve on the Bank’s Executive Management and ALCO committees. Ali currently serves as EVP, Chief Credit Officer, and has been with the bank since 2018.

“Mukhtar has provided excellent leadership and strategic thinking that has positioned the Bank to be a billion-dollar plus community financial institution. Leveraging collective strengths with our team has allowed us to succeed in executing our growth and profitability strategy,” said William S. Keller, CEO. “Mukhtar’s knowledge of enterprise risk management is exceptional and will continue to be of great value to our Bank as we deploy the proceeds of our recent capital raise.”

Ali has over 40 years of experience in the banking industry. Prior to joining the Bank, he served as President and Chief Executive Officer at Mission National Bank, a San Francisco, California based CDFI – MDI from 2012 to 2017, and prior to that he was Chief Credit Officer of Oakland-based United Labor Bank. Ali is a graduate of Pacific Coast Banking School, University of Washington.

“I want to thank the Board and management team for their confidence in me and I look forward to continuing to contribute to the Bank’s success. I am committed to working closely with my peers to build Community Bank of the Bay into a high performing institution while fully delivering on our long-held mission of providing true economic opportunity to the communities we serve.”