Fleet Bank Names Executive

NEW ENGLAND

Fleet Bank promoted Michael J. Merlo to senior vice president in New York and head of its middle-market team for Nassau and Suffolk counties.

Mr. Merlo, who is based in Melville, N.Y., had been a Fleet vice president responsible for large corporations in New York since 1992, when he came from Chemical Bank.

In Jersey City, team leaders Richard Seidel and Michael Lembo were promoted to senior vice presidencies in the business and entrepreneurial services group, which serves businesses with less than $10 million of sales.

Mr. Seidel is in charge of Fleet's portfolio managers with small business clients in the New Jersey counties of Hunterdon, Mercer, Middlesex, Monmouth, and Somerset. Mr. Lembo oversees portfolio managers with small business customers in the New York City boroughs of Brooklyn, Queens, and Staten Island.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER