03/22/2023 | Press release | Distributed by Public on 03/23/2023 11:22
Arasadi-a software engineer, technology leader, and experienced CIO-brings more than two decades of fintech experience in global financial services, regional and community banking
Bank of Marin Bancorp (Nasdaq: BMRC) and its wholly owned subsidiary, Bank of Marin, announce the appointment of Sathis Arasadi as chief information officer, effective March 20.
"We are thrilled to welcome Sathis to the Bank of Marin team," said Tim Myers, president and CEO. "His vast experience leading digital and technology transformations combined with his knowledge of software engineering will be an asset to our organization as we integrate technology enhancements into our operations and customer delivery channels."
Arasadi brings a wealth of knowledge and experience from a more than twenty-year career in financial services, specializing in engineering and financial technology (fintech). A mechanical engineer by trade, Arasadi became a software engineer and technology leader directing large-scale digital and technology transformations. Prior to joining Bank of Marin, Arasadi served as senior vice president, technology and process improvements, and chief information officer at a Bay Area-based community bank.
"I look forward to working alongside a talented team, delivering best-in-class digital experiences to strengthen customer relationships while advancing the Bank's digital solutions and infrastructure," said Arasadi.
Arasadi holds a bachelor's degree in mechanical engineering from Thiagarajar College of Engineering in Madurai, India. Additionally, he has earned various computer science specializations including programming, systems architecture, and data management.
An East Bay resident, Arasadi is a longtime volunteer at International Tamil Academy located in San Ramon. As part of pursuing his passion for languages, Arasadi taught Tamil for nearly a decade to school-aged children.