The FINANCIAL -- Continuing to strengthen its senior leadership team, Wells Fargo Insurance, part of Wells Fargo & Company, has named Steve Anderson managing director for the San Francisco Bay Area region, one of the company’s top markets for its Insurance business.
Anderson will lead business development, cross-sell, and sales for Wells Fargo’s four insurance offices which serve business banking, middle market and large corporate banking as well as high net worth customers throughout the Bay Area. He is based in San Francisco, and will report to Sam Elliott, regional managing director for Wells Fargo Insurance's West region, according to Wells Fargo.
“The Bay Area is a very important market for Wells Fargo and our Insurance business. We have a tremendous opportunity to grow the business by working closely with the bank to serve more of our customers’ insurance needs,” said Elliott. “Steve will be a tremendous leader for the Bay Area region and I’m confident that our team members and customers will benefit from his extensive career at Wells Fargo and financial industry expertise.”
A 15-year company veteran, Anderson joins Wells Fargo Insurance from the Wells Fargo Corporate Banking group, where he recently served as the division head and executive vice president of the West region. Previously, he was regional vice president for the Pacific Northwest. Anderson also served in several leadership positions at Bank of America and Security Pacific Merchant Bank prior to joining Wells Fargo.
“I’m excited to take on this new role and be part of Wells Fargo Insurance,” said Anderson. “This provides a unique opportunity to expand the way we help our commercial and corporate customers succeed by meeting their financial as well as insurance and risk management needs. I look forward to working with our talented Bay Area team as we continue to strengthen Wells Fargo’s Insurance business.”