Ambank Indiana, Vincennes, the lead subsidiary of Ambanc Corp., has promoted executive vice president Daniel Robinson to president.

He succeeded Robert G. Watson, who remains chairman and chief executive officer of the bank and the $460 million-asset holding company.

Mr. Robinson remains chief operations officer of Ambank Indiana. His previous jobs there were controller, commercial and agricultural lender, and officer in the accounting, human resources, and retail banking departments.

Ambanc Corp. agreed April 1 to be bought by Union Planters. The deal, which awaits regulatory and shareholder approval, is expected to close in the third quarter.

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