Executive Changes

NEW ENGLAND

People's Bank in Bridgeport, Conn., has hired Jacinta Coleman as chief information officer.She succeeded Edward H. Bucnis, who retired in March.

Ms. Coleman, whose current rank is executive vice president, was a vice president of information technology for Hartford Commercial, an operating division of Hartford Financial Services Group Inc., since 1996.

Earlier she was a senior vice president and chief information officer at ITT Financial, a subsidiary of ITT Industries Inc. (Hartford Financial Services was also an ITT subsidiary before going public in 1995.)

Ms. Coleman's 28 years of experience in finance and information technology also include positions at Coopers & Lybrand, a predecessor of PricewaterhouseCoopers; and at Household Finance Corp. in Northbrook, Ill.

People's Bank has $10.6 billion of assets.


MIDDLE ATLANTIC

Toronto-Dominion Bank has named W. Edmund Clark as its first president in three years.He also fills the newly created post of chief operating officer.

Mr. Clark, 52, is former head of CT Financial, which was bought by TD in February and which owned $34 billion-asset Canada Trust. He became and will remain chairman and chief executive officer of TD Canada Trust, which was formed from the two companies' retail banks.

He reports to A. Charles Baillie, 61, Toronto-Dominion's chairman and CEO.

Mr. Clark had been president and CEO of CT Financial since 1994. He joined it in 1991 as vice chairman and chief operating officer. His 14 years of banking experience also include positions at Merrill Lynch Canada Ltd. and Morgan Financial Corp.


WEST

Union Bank of California has promoted senior vice presidents JoAnn M. Bourne and Joseph M. Otting to executive vice presidents in its commercial financial services group.Ms. Bourne, 45, remains in charge of the corporate deposit services division, which she has led for three years.

The division's activities have expanded. It used to be responsible for depository relationships with California companies with more than $20 million in sales, and with out-of-state companies with more than $100 million. It now also covers emerging companies with sales as small as $5 million. In addition, the division is responsible for cash management sales and commercial product management and development. Ms. Bourne joined the bank in 1981.

Mr. Otting, 42, oversaw commercial lending in greater Los Angeles. He will now be in charge for all of California.

He joined the bank in 1986 and has held such jobs as deputy regional vice president in Beverly Hills and senior vice president in San Diego.

Union Bank is the principle subsidiary of $33.6 billion-asset Unionbancal Corp., which is mostly owned by Bank of Tokyo-Mitsubishi. Union Bank and its holding company are based in San Francisco. Ms. Bourne and Mr. Otting will continue to work from the bank's regional headquarters in Los Angeles.


Bank of the West has hired Diana L. Burke to fill the newly created position of professional banking manager in Portland, Ore.Ms. Burke, a vice president, develops and manages deposit and loan relationships with legal, accounting, architectural, consulting, and other professional firms in the area. She was a vice president and senior corporate underwriter in Bank of America's residential lending group in Portland. She came to B of A eight years ago from Chase Manhattan Bank, where she was a San Francisco loan officer. She has 17 years of banking experience.

Bank of the West has $10.1 billion of assets. Like its parent, BancWest Corp., it is based in San Francisco. BancWest also owns First Hawaiian Bank and is 45% owned by Banque Nationale de Paris.

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