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Ritchie Tapped to Head Wells Fargo Specialty Real Estate in West Region

Ritchie: replacement on commercial banking pending

David Ritchie, who led Wells Fargo & Co.’s commercial banking division for Orange County and north San Diego, is set to join the San Francisco-based bank’s investor real estate specialty division.

Ritchie was named regional deal manager for the Western region last week and will be responsible for working with the commercial banking division on behalf of Wells’ clients with commercial real estate interests. The region includes California, the Pacific Northwest and Southwest commercial banking divisions.

He will report to Cynthia Stanford, a managing director based in Atlanta.

Ritchie is a 25-year Wells veteran who began his career with the bank in the real estate group before moving into commercial banking.

A replacement for the influential and high-profile OC commercial banking division leader has yet to be made, the company said.

The regional commercial banking division is one of the largest under the Wells umbrella with loan commitments in excess of $1.5 billion. The business line serves companies with annual sales of more $10 million.

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