#United States #New York #IDB Bank #Commercial Banking #David Park

IDB Bank Appoints David Park as President of Commercial Banking

IDB Bank, the largest Israeli-owned bank operating in the United States, recently announced the major appointment of David Park as the new President of Commercial Banking. This strategic move, effective January 5, 2026, aims to unify the bank's various commercial banking platforms across regions, enhancing services for their expansive client base.

With his extensive background in the financial sector, particularly in commercial banking, Park's leadership is expected to usher in a new phase of growth and transformation for IDB Bank. Under this newly consolidated approach, regional platforms will now operate under a unified national structure, ensuring consistent service delivery and improved collaboration among teams. This initiative is designed to bolster IDB’s commitment to a relationship-driven banking philosophy, where personal connections between clients and the bank staff remain a top priority.

Avner Mendelson, CEO of IDB Bank, expressed confidence in Park’s capabilities, remarking, "David is a proven commercial banking leader with a rare combination of strategic vision, operational discipline, and a deep commitment to relationship banking." His expertise will be instrumental as the bank embarks on this transformative journey, focusing on aligning their operations across New York, California, and Florida. The goal is to provide a seamless client experience while preserving the bank's unique local leadership and decision-making processes, which have been pivotal in nurturing customer relationships.

Prior to joining IDB Bank, Park served as President of Commercial Banking at Axos Bank, where he was responsible for developing national strategies that expanded the bank's offerings, including the launch of more than 20 new business lines. His previous roles at Banc of California and City National Bank further underscore his experience in leading successful commercial banking teams and enhancing client-centric practices.

"I’m excited to join IDB Bank at such a pivotal moment," stated Park. He emphasized the importance of integrating strong regional franchises into a more connected national platform while maintaining the institution's dedication to relationship-focused banking that emphasizes personal connections and local expertise. Park looks forward to building on the momentum of the bank's current successes and delivering enhanced value to clients.

IDB Bank, headquartered in Manhattan, New York, is a prominent state-chartered commercial bank and a member of the FDIC. It offers a wide range of services to both U.S. and international clients, with full-service offices located in key areas like California and Florida. The bank's comprehensive approach to private and commercial banking underlines its status as a trusted entity in the banking community.

As IDB Bank moves forward with David Park at the helm of its Commercial Banking division, clients can anticipate a strengthened, unified platform that prioritizes their needs and fosters lasting relationships. The alignment of services across regions is not just a business strategy; it's a commitment to enhancing the banking experience for all clients and reinforcing IDB's position as a leader in the financial services industry.