AltaPacific Bancorp has reported that its board of directors has approved the promotion of Frank Basirico to senior executive vice president and chief operating officer of the company and bank, effective immediately. Basirico, who joined the company in November 2009, has been serving as executive vice president - Mergers and Acquisitions for the Bancorp and president, Southern California region for the bank. In May 2014 he was appointed to the board of directors of AltaPacific Bancorp and AltaPacific Bank.