Santa Cruz County Bank announced Cecilia Situ has joined the Bank as Executive Vice President. Ms. Situ brings more than 20 years of well-rounded financial management experience, including financial accounting and SEC reporting, interest rate risk and investment portfolio management, business combination, financial planning, Sarbanes-Oxley internal control and procedures, and team development. Most recently, she was Senior Vice President and Treasurer at Bank of Marin, a publicly traded bank with $4.3 billion in assets, where she was influential in strategizing and managing more than $1.8 billion of investment portfolio, funding and liquidity management, with an appreciation of the capital markets and economic outlook.

During her 14-year tenure at Bank of Marin, she played a critical role in their four successful bank acquisitions, with strong project management skills and experience in due diligence and cross-functional collaboration. She was also previously Controller and Principal Accounting Officer at Bank of Marin and had been instrumental in directing and overseeing essential financial accounting activities, including financial book closing, SEC reporting, budgeting, tax planning and regulatory compliance. She started her career in public accounting at Deloitte & Touche with a specialty in auditing community banks, real estate firms, not-for-profit organizations and other financial service companies.

During her career, Ms. Situ has obtained well-regarded professional designations such as Chartered Financial Analyst (CFA) and California Certified Public Accountant (CPA). Ms. Situ obtained her Master of Accounting degree from the University of Florida, Fisher School of Accounting, and her Bachelor of Business Administration, Accounting degree from University of Macau, where she graduated with honors. In her career, she has completed leadership development programs at Dominican University, Bank of Marin, and Deloitte and is known for her commitment to coaching and developing her teams. She also served on the Diversity and Inclusion Committee for Deloitte Sacramento Office and participated in the Deloitte Focus Forward program aimed at developing high-achieving women leaders.