Edens Bank in Illinois picks Thorsen as president.

Richard P. Thorsen has been named president of Edens Bank, Wilmette, Ill., part of the Metropolitan Bank Group.

Peter Fasseas continues as chairman of the board and chief executive officer of the $50.6 million-asset bank and the bank group.

Mr. Thorsen succeeds John M. Jones Jr., who has been named senior vice president, lending operations, for Metropolitan Bank Group.

Mr. Jones will help oversee all loan operations for the bank group and manage the lending portfolio.

Mr. Thorsen, formerly president of Water Tower Bank in Chicago, will oversee all operations of Edens Bank.

He studied at Northwestern University, where hc received a BS in business administration in 1967 and a la degree in 1971.

- Franklin Smith

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