Executive Changes

MIDWEST

PrivateBancorp Inc. of Chicago has promoted Mark N. Lemke, Thomas Tuttle Jr., and Roger Pillsbury in its PrivateBank-Wisconsin.

Mr. Lemke, now a vice chairman of the unit and its chief executive officer, had been a managing director of the $6.2 billion-asset PrivateBancorp since joining it in 2004 to assist with its expansion into the Milwaukee market. Mr. Lemke succeeded John Williams, who will remain the chairman of PrivateBank-Wisconsin's board of directors and the unit's chief operating officer.

Mr. Tuttle is now PrivateBank-Wisconsin's president and chief operating officer. He had been a managing director and the head of wealth management services since joining the company in 2004. Before that he was a director of wealth management at Marshall and Ilsley Trust Co. Earlier he was a vice president and manager of personal trust at Marshall & Ilsley, which he had joined in 1995 as a personal trust counsel.

Mr. Pillsbury, who added the title of vice chairman, joined PrivateBancorp in February as a managing director of PrivateBank-Wisconsin. Before that he was a senior vice president and the head of LaSalle Bank's central region, working out of Milwaukee. Earlier he was a senior vice president and the head of commercial banking for LaSalle in Wisconsin.


SOUTHEASTTennessee Commerce Bancorp Inc. in Franklin has hired Frank Perez as its chief financial officer.

Mr. Perez was a vice president and CFO for Cumberland Bank and Trust in Clarksville, Tenn.

He succeeded Lamar Cox, who was the acting CFO and who will remain the $963 million-asset company's chief administration officer.


MIDDLE ATLANTICValley National Bancorp of Wayne, N.J., has named Anthony M. Bruno Jr. the president of its wealth management and services division.

Mr. Bruno was the chairman, president, and chief executive officer of Greater Community Bank of Totowa, N.J., before the $12.9 billion-asset Valley National bought it in July. He is also a founding director of Bergen Commercial Bank, which Greater Community bought in 2006.

Mr. Bruno will oversee Hallmark Capital Management Inc., New Century Asset Management Inc., Valley National Title Services Inc., Masters Coverage Corp., and all of Valley National Bank's trust services and brokerages.

 


 MB Financial Bank of Chicago has promoted Dennis T. Roesslein to senior vice president of lease banking.

Mr. Roesslein joined the $8 billion-asset unit of MB Financial Inc. in 1999 as a vice president of lease banking. Before that he had worked for GE Capital Corp.


WESTAmerican Riviera Bank of Santa Barbara, Calif., has hired Jeff DeVine as its president and chief executive officer.

Mr. DeVine was the division manager of commercial real estate for California at Rabobank Group. Before that he was the regional president for the Santa Barbara and Santa Ynez Valley region.

American Riviera Bank has $79 million of assets.

 


 First Republic Bank of San Francisco has hired Timothy A. Barker as a senior managing director of First Republic Wealth Advisors.

Before joining the private banking unit of Merrill Lynch Bank and Trust Co., Mr. Barker had been a managing director at U.S. Trust in New York since 2000. Bank of America Corp. bought U.S. Trust from Charles Schwab Corp. in 2007. Earlier he was a vice president of finance and investment at the real estate firm Picotte Cos.

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