Columbia Bank Promotes Chris Orr to Lead Trust Sales and Strategic Partnerships

Columbia Bank Promotes Chris Orr to Lead Trust Sales and Strategic Partnerships



Columbia Bank, a notable subsidiary of Columbia Banking System, Inc. (Nasdaq COLB), has made a strategic appointment by promoting Chris Orr to Senior Vice President and Director of Trust Sales and Strategic Partnerships, specifically for Columbia Private Trust. This significant move aligns with the bank's ambition to enhance its growth and relationship management across various client segments, including both institutional and retail customers.

Based in San Francisco, Orr brings with him a wealth of experience accumulated over 17 years within the investment and trust services sector. His extensive background includes serving in numerous roles that have been pivotal in shaping Columbia Private Trust’s growth trajectory, particularly since its transformation from PENSCO Trust Company in 1989.

Columbia Private Trust has consistently been recognized as a leading non-discretionary custodian for alternative and traditional assets. Overseeing assets exceeding $20 billion, the trust division thrives on providing custodial services to both individual investors and institutional clients. The bank acquired this segment in 2025, marking a significant expansion of its wealth management services.

Tamara Wendoll, Executive Vice President and Senior Director at Columbia Private Trust, expressed confidence in Orr's legacy and ability to foster client relationships. She stated, "Chris has developed trusted relationships while deeply integrating into our private trust business. His insights into the specialized custody marketplace and dedication to a client-centric culture are invaluable as we enter this new phase of growth."

Chris Merrywell, President of Columbia Bank, echoed Wendoll’s sentiments, emphasizing that Columbia Private Trust is an essential extension of the bank’s comprehensive wealth and relationship-based banking strategy. "Chris Orr's deep understanding of our business and market dynamics positions him uniquely to steer Columbia Private Trust into its next chapter," said Merrywell.

Under Orr's leadership, Columbia Private Trust aims to continue delivering industry-leading custodial services, capitalizing on the growing demand for specialized custody solutions. His prior roles include 1st Vice President for Institutional Sales and Director of Relationship Management and Sales Servicing, each contributing to a robust understanding of the needs and preferences of clients in this space.

Orr also holds significant professional credentials, including the Certified IRA Services Professional and Self-Directed IRA Professional certifications. He's been instrumental in growing Columbia Private Trust, continuously driving forward the bank's goals to integrate sophisticated solutions for its clients.

Columbia Bank is recognized for blending the resources and sophistication of a national bank with a deep commitment to exceptional customer service. It operates extensively across Arizona, California, Colorado, Idaho, Nevada, Oregon, Texas, Utah, and Washington, delivering an array of services from commercial banking to wealth management and private banking.

The bank’s strategic investment in its trust services reflects a broader commitment to adapt and grow within the ever-evolving financial landscape, ensuring clients receive top-tier services backed by the capabilities of a premier regional bank. As demand for specialized custodial expertise continues to rise, Columbia Private Trust is poised to leverage its industry strengths under Chris Orr's guidance, showcasing a promising future for both the trust division and its clients.

Topics Financial Services & Investing)

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