HSBC USA hires Silicon Valley veterans to lead new dedicated offering for innovation economy

David Sabow most recently led Technology and Healthcare Banking for Silicon Valley Bank serving the financial needs of SVB’s clients across the US and Canada. In this role, he drove the sales and marketing strategy and oversaw the business development team focused on venture capital relationship management and new opportunity origination. Prior to joining Silicon Valley Bank, David spent nine years in the life science investment banking practice at Canaccord Genuity, with responsibility for both domestic and international transactions across the life science and healthcare spectrum, specializing in public financings and M&A transactions. Before Canaccord, David worked as a relationship manager with U.S. Bank.

Sunita Patel most recently served as the Chief Business Development Officer for Silicon Valley Bank. In that role, she oversaw investor coverage and sales originations. With more than 25 years of experience in lending to companies across the innovation economy, Sunita is a highly regarded leader with an expansive network across the venture ecosystem. Previously, Sunita served as President of the Technology and Life Sciences division at Comerica and, before that, led their venture capital group for 20 years.

Katherine Andersen most recently served as Head of US Life Science and Healthcare at Silicon Valley Bank, which includes management of its accelerator/growth, corporate banking, sponsor finance and institutional leveraged finance teams. She also sat on the Board of Directors for SVB’s Joint Venture in China, SPD Silicon Valley Bank. Prior to SVB, Katherine was a Senior Vice President for Wells Fargo Bank leading the life sciences business development and relationship management efforts in the Northeast. Prior to Wells, she held various positions across mergers and acquisitions, finance, equity derivatives, audit, and management while at Affiliated Managers Group, Merrill Lynch, GE Corporate Audit Staff and GE Capital.

Melissa Stepanis was most recently the head of Silicon Valley Bank’s national Technology Credit Solutions organization and has over 25 years of experience serving the innovation economy, building client relationships, advising companies on strategic growth, and tailoring financial solutions with a focus on debt financing for technology companies. Melissa is active in supporting entrepreneurial organizations and events throughout the New York metro area with a focus on building a network of executives, entrepreneurs and board relationships dedicated to the innovation economy.