Opus Bank announced Paul W. Taylor has been appointed Chief Executive Officer and President of Opus. He was simultaneously appointed to Opus’ Board of Directors. Taylor, a 34-year banking and finance veteran, most recently served as Chief Executive Officer and President of Denver, CO-based Guaranty Bancorp, and its wholly owned bank subsidiary, Guaranty Bank & Trust.

Taylor succeeds Paul G. Greig, Chairman of Opus’ Board of Directors, who has served as Interim Chief Executive Officer and President of Opus Bank since November 2018.  Greig will continue as Chairman, a position he has held since January 2018.

Paul Greig, Chairman of the Board of Opus Bank, stated, “I am thrilled that an experienced banker such as Paul, who has successfully managed a highly profitable, mid-sized bank, as well as held executive roles within one of the nation’s larger banks, has agreed to join Opus Bank. I have great confidence that Paul will make an excellent fit for the role and look forward to his contributions in leading the company and enhancing its earnings profile. I would like to thank all of Opus’ team members for their dedication and hard work during the transition in executive leadership.”

Taylor commented, “I look forward to working closely with Opus’ Board, executive leadership, and all team members as we strive to make Opus into one of the leading commercial banks in the Western region.” Mr. Taylor added, “I am confident in the team's ability to restore Opus’ growth momentum, while maintaining an appropriate risk profile. Successfully executing our business strategies will enable the Bank to deliver strong results, thereby enhancing shareholder value, as well as to give back to the communities we proudly serve.”