McDermott + Bull has successfully placed Sathis Arasadi as Chief Information Officer at Bank of Marin. In this role, Sathis will be charged with driving the bank’s enterprise-wide digital transformation.
Sathis has over 20 years of experience in financial services, with a specialization in engineering and fintech. He began his career as a mechanical engineer before transitioning to become a software engineer and technology leader overseeing large-scale digital and technology transformations. Before joining Bank of Marin, Sathis was the Senior Vice President of Technology and Process Improvements, as well as the Chief Information Officer, at a community bank in the Bay Area. He earned his bachelor’s degree in mechanical engineering from Thiagarajar College of Engineering in Madurai, India.
Founded in 1990 and headquartered in Novato, Bank of Marin is the wholly owned subsidiary of Bank of Marin Bancorp (Nasdaq: BMRC). A leading business and community bank in the San Francisco Bay Area, with assets of $4.1 billion as of December 31, 2022, Bank of Marin has 27 branches and eight commercial banking offices located across seven Bay Area counties.
This executive search was completed by McDermott + Bull President Brandon Biegenzahn, Executive Recruiter Julia Markwood, and Senior Research Associate Josh Nichols.