Executive Changes

Georgia Unit Of First Union Adds Chairman To CEO's Titles

First Union National Bank of Georgia, the Atlanta unit of First Union Corp., Charlotte, N.C., elected David M. Carroll chairman.

Mr. Carroll, 39, will retain his current posts as the bank's president and chief executive. He succeeds chairman Harald R. Hansen, who is retiring after 30 years with First Union. Mr. Hansen will remain on the board.

In 1994, Mr. Carroll was named president of First Union's Georgia operation, then chief executive in 1995.

He had joined First Union National Bank of North Carolina in 1981 as a credit analyst in Charlotte. In 1984, he was named manager of the First Union Financial Services office in Atlanta.

Mr. Carroll became a commercial banking manager in 1988 at First Union National Bank of South Carolina and by 1993 was an executive vice president and board member.

He then became vice chairman, director, and general banking group executive at First Union National Bank of Virginia before joining the Georgia bank. BT in London Hires Two Derivatives Execs

Bankers Trust New York Corp. hired Marc Badrichani and Anthony McNaughton to be vice presidents in its risk management services group. Both will be based in London.

Mr. Badrichani, who is to join the group Sept. 20, will be responsible for marketing derivative products to investors and financial institutions in France. He will report to Philippe Dufournier, managing director and head of the group's French coverage.

Mr. Badrichani formerly was a Credit Suisse Financial Products vice president responsible for marketing derivative products to French institutional investors.

Mr. McNaughton is managing the group's effort to market structured products to investors in the United Kingdom. He reports to Miles Millard, managing director and head of the group's U.K. coverage.

Mr. McNaughton formerly was a Credit Suisse First Boston vice president responsible for marketing derivative products to institutional investors in the United Kingdom. NEW ENGLAND

Fleet Bank, a subsidiary of Fleet Financial Group, Boston, named senior vice president Patricia A. Rose district manager for downtown Boston.

Ms. Rose is to supervise branches in Boston's financial district, Back Bay, Chinatown, and neighborhoods near New England Medical Center and Brigham and Women's Hospital.

She has been a district manager in several regions since 1991, including Greater Boston. Ms. Rose joined in 1985 as a management trainee in the consumer banking program. SOUTHEAST

SunTrust Bank Mid-Florida, Lakeland, promoted David M. Mann to president.

Mr. Mann has been group president for Lake and north Seminole counties at SunTrust Bank Central Florida in Winter Haven since November. He joined SunTrust in 1983 as a corporate lender with SunBank of Tampa Bay.

In 1986, Mr. Mann became a partner in the Windsor Group, a Tampa-based commercial real estate investment group, and then became a senior vice president of corporate banking in 1987 at Chase Manhattan Bank in Tampa.

He rejoined SunTrust in 1990 as senior vice president and team leader of the SunBank commercial real estate lending group. He was later named a senior vice president in the special assets group. In 1992, Mr. Mann was promoted to group president of Lake County.

SunTrust Bank Mid-Florida is a unit of SunTrust Banks of Florida Inc., Jacksonville. It has 24 offices in Polk, Okeechobee, DeSoto, and Highlands counties.

SunTrust Banks of Florida is a subsidiary of SunTrust Banks Inc., Atlanta. SOUTHWEST

Whitney National Bank, New Orleans, promoted executive vice president Robert C. Baird Jr. to head the new Louisiana banking division.

Mr. Baird joined Whitney National last year in Baton Rouge as executive vice president and head of the western region.

Milford L. Blum Jr., the bank's Morgan City president, will succeed Mr. Baird in the western region. Ira A. Breaux Jr., executive in charge of operations and corporate secretary at First National Bank in St. Mary Parish, was hired to replace Mr. Blum.

Before joining Whitney National, Mr. Baird was chairman, president, and chief executive of Union Bank and Trust Co., Montgomery, Ala. WEST

Bank of America's national consumer assets group, Pleasant Hill, Calif., named Martin Neilson executive vice president of Bank of America National Trust and Savings Association.

Mr. Neilson, who heads the consumer assets group's credit risk management unit, oversees credit underwriting and risk management procedures for Bank of America's consumer lending units.

Mr. Neilson was previously manager of consumer assets for Bank of America Northwest. He was responsible for credit cards, dealer lending, consumer lending, and consumer loan servicing operations at BankAmerica Corp.'s Seafirst unit in Washington and at its subsidiaries in Oregon, Idaho, and Alaska.

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