Bank of Boston has appointed R. Nelson "Oz" Griebel as chairman, president, and chief executive officer of its Connecticut bank.
Mr. Griebel will replace James J. Pearl, who is credited with spearheading Bank of Boston's pending acquisition of Connecticut's Society for Savings. Mr. Pearl is returning to Boston as director of mergers and acquisitions.
Mr. Griebel, 44, has been running Bank of Boston's core domestic operations. He has been responsible for check and electronic funds processing, lockbox operations, deposit account management activities, treasury operations, and consumer loan processing and documentation.
A 17-year veteran of the Boston bank, Mr. Griebel will assume his new role on July 9 -- the day the Society for Savings acquisition is set to close. Bank of Boston Connecticut will then become a $4.8 billion-asset institution, with 59 retail branches.
In Boston, Mr. Pearl will report to Peter Manning, executive vice president for mergers, acquisitions, and risk review.