Joseph Otting, CalChamber Board chair and president and chief executive officer, OneWest Bank, N.A., spoke about California being home to many innovations and transformations.
He reminded attendees about the vital role A.P. Giannini, founder of the Bank of Italy, which eventually merged with Bank of America, played in the California economy by establishing what we all know as the modern-day banking system, one where “the average person could walk into a bank and have access to capital.”
“We need to invest in California’s future—housing, transportation, business infrastructure. We need to collectively look forward to the California of tomorrow, one that will support innovation and job creation to build a foundation for the future,” Otting said in closing.