BOULDER - Wells Fargo Bank has named Sam Inman its new market president for Boulder and Broomfield counties.

Wells Fargo's current Boulder and Broomfield market president Bill Farrell is relocating to Denver to serve as business banking manager for the central Denver team of Wells Fargo and Co. (NYSE: WFC), the bank said in a press statement. Inman currently is business banking manager for the northwest Denver metro area for Wells Fargo.

"Sam's extensive knowledge around meeting the financial, especially credit, needs of businesses, and his commitment to the overall success of our business customers make him a great market president for Boulder," said Mike Matthews, Wells Fargo's area business banking manager for metro Denver.

Inman has worked for Wells Fargo for 12 years. Before being named to his current job in northwest Denver, Inman was business banking manager for the west Denver team of Wells Fargo.

He also has been active in the community, serving on the Jefferson Foundation Board, the South Metro Denver Chamber of Commerce Economic Development Group and the Town of Castle Rock Investment Committee, among others.

San Francisco-based Wells Fargo has more than $1.4 trillion in assets. It is ranked the No. 1 financial institution in Colorado and in Boulder County based on deposit market share, according to the Federal Deposit Insurance Corp.'s June 30 report. It also is the top lender to small businesses in the state of Colorado, according to data from the Small Business Administration, Community Reinvestment Act.