MIDDLE ATLANTIC
Commercial National Financial Corp. of Latrobe, Pa., has made Thomas D. Watters its chief financial officer.
Mr. Watters, who remains a senior vice president, had been the chief auditor and a division manager of its $316 million-asset Commercial Bank and Trust of PA, which he joined in 1994.
NEW ENGLANDWashington Trust Bancorp Inc. of Westerly, R.I., has hired Galan G. Daukas as the head of the wealth management division at its $2.3 billion-asset Washington Trust Co.
Mr. Daukas, who will begin his job Aug. 30, has also been named an executive vice president of the company and the bank.
The bank has wealth management offices in Providence, Westerly, and Narragansett. The parent company said its acquisition of Weston Financial Group Inc., expected to close this quarter, would give it another office in Wellesley, Mass.
Mr. Daukas was the chief operating officer of Manager Funds LLC of Norwalk, Conn. During his time there its assets under management grew from $2.7 billion to $8.5 billion.
Before joining Manager Funds he had been the chief operating officer and the management committee chairman at Harbor Capital Management Co. of Boston. Still earlier he had been the chief operating officer of Fleet Investment Advisors.
SOUTHWESTIberiabank of Lafayette, La., has hired Pete M. Yuan as its Lafayette president.
He succeeded Pat Trahan, who became the vice chairman of that market.
Mr. Yuan was a senior vice president of the commercial banking group for JPMorgan Chase & Co. in Austin. He began his banking career 18 years ago as a relationship manager at NationsBank (now Bank of America).
Iberiabank is a $2.7 billion-asset unit of Iberiabank Corp.
WESTMercantile National Bank of Los Angeles has hired Nabil B. Khoury as a senior vice president and the San Fernando Valley regional manager.
Mr. Khoury had been a regional vice president at First Bank of St. Louis and the group manager of its Beverly Hills commercial banking team for the past four years. Before that he had been a vice president and regional manager for Ventura County, Calif., at Pacific Century Bank (now Bank of Hawaii).
Mercantile National Bank is a unit of the $405 million-asset National Mercantile Bancorp, which also owns South Bay Bank.
Commercial Capital Bank of Irvine, Calif., has hired Richard Grout as its head of retail banking and an executive vice president.
Mr. Grout, who has 25 years of banking experience in southern California, came to the $5.3 billion-asset unit of Commercial Capital Bancorp Inc. from First Federal Bank of California, where he had held the same job and title since April.
For five years before that he had led retail banking at Downey Savings and Loan of Newport Beach.
He will report to J. Christopher Walsh, the Commercial Capital executive vice president of relationship banking.
