Silicon Valley Bank Appoints Megan Scheffel Head of Life Science and Healthcare Banking

Provided By PR Newswire

Last update: Nov 18, 2025

Company veteran to lead national Life Science and Healthcare Banking Group;
Bill Burkoth tapped to lead East Region

SAN FRANCISCO, Nov. 18, 2025 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that 28-year company veteran, Megan Scheffel, has been named Head of Life Science and Healthcare Banking. In her role, Scheffel will lead a nationwide team dedicated to providing specialized banking services, debt financing solutions, industry partnerships, and leading market insights to companies and investors across the sector. Based in Washington D.C, she will report to Marc Cadieux, President of Silicon Valley Bank.