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June 27 2016

Nandita Bakhshi Appointed to Operation HOPE Global Board

ATLANTA – June 27, 2016 – Global financial dignity and economic empowerment leader, Operation HOPE, Inc. has appointed Nandita Bakhshi to its global board of directors.

Bakhshi is President and Chief Executive Officer of San Francisco-based Bank of the West, and CEO of BancWest, the indirect holding company for Bank of the West. She also serves on the Board of Directors of Bank of the West, and BancWest, and is a member of the bank’s Executive Management Committee.

Prior to Bakhshi’s appointment, her predecessor, Michael Shepherd, served on the global board from the inception of the Bank’s partnership with Operation HOPE in March 2010.

“We are pleased to welcome Nandita Bakhshi to the Operation HOPE global board,” said Operation HOPE Founder, Chairman, and Chief Executive Officer John Hope Bryant. “Bank of the West is an important and long term partner in the work of Operation HOPE, and we look forward to extending our alliance through her leadership to impact underserved communities around the country.”

Prior to joining Bank of the West in 2016, Bakhshi held several leadership positions at TD Bank, including Executive Vice President and Head of North American Direct Channels. In that role, she was responsible for driving innovation in direct and electronic channels to improve digital adoption and provide customers with a unified banking experience.  Previously, she served as Executive Vice President and Head of Consumer Banking at TD Bank in the U.S., where she led product innovation and delivery across all retail channels, spanning more than 1,300 bank locations from Maine to Florida.

A 28-year veteran of the financial services industry, with broad experience in banking, Bakhshi was also Executive Vice President of Consumer Deposits and Payments at Washington Mutual, now JP Morgan Chase, in Seattle, and also held leadership positions at FleetBoston, now Bank of America, and First Data Corp., where she was the managing director of their mobile payments division.

Bakhshi serves on the Supervisory Board of The Clearing House. She holds a Master of Arts degree in International Relations from Jadavpur University in India.

Bank of the West is a valuable and innovative community partner with noteworthy accomplishments—it was the first financial institution in the country to host a HOPE Inside office, and recently opened the first HOPE Inside location in the state of Colorado. Bank of the West is committed to helping raise credit scores of community members, support small business ownership, and reach students in K-12th grades with early financial education through its support of Operation HOPE.

Operation HOPE’s Global Board of Directors includes, Bryan Jordan, Chairman, President, and Chief Executive Officer, First Horizon National Corporation; Richard Smith, Chairman and Chief Executive Officer, Equifax, Inc.; and Robb Webb, Chief Human Resources Officer, Hyatt Hotels Corporation.

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About Operation HOPE, Inc.

Since 1992, Operation HOPE has been moving America from civil rights to "silver rights" with the mission of making free enterprise and capitalism work for the underserved—powering the broadest financial inclusion network in the country. Through its core programs, the nonprofit has provided financial dignity and economic empowerment to over 2.6 million individuals worldwide, and $2 billion in economic activity for the disenfranchised—turning check cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, and minimum wage workers into living wage consumers. Project 5117 is Operation HOPE’s multi-year four-pronged approach to combating economic inequality that aims to improve financial literacy, increase business role models and business internships for youth, and stabilize the American dream by boosting credit scores. Operation HOPE recently received its second consecutive 4-star charity rating for fiscal management and commitment to transparency and accountability by the prestigious non-profit evaluator, Charity Navigator—further establishing it as a best-in-class organization. For more information: www.OperationHOPE.org