WEST
City National Bank in Irvine, Calif., has hired Carol Stewart as the relationship manager of its Orange County private banking team. She was also named a vice president.
She came from a year in Irvine with California Bank and Trust, where she was the relationship manager of commercial lending and a vice president.
Earlier Ms. Stewart, who has more than 20 years of private banking experience, was a vice president for nine years in Priority Banking, the private banking operation of Union Bank of California.
That job was in Irvine too, as was the one before it: four years as an assistant vice president in the private banking division at Wells Fargo Bank.
At City National she succeeded Sheri Grady, who was promoted to senior vice president and manager of Orange County private banking. Ms. Stewart will be responsible for portfolio management and new business development.
The bank is a subsidiary of the $8.7 billion asset-City National Corp.
First State Bank in Flagstaff, Ariz., has named Debbie Cutlip to the newly created post of manager of real estate lending.She will spend most of her time on commercial and construction lending, the $20 million-asset bank said.
Ms. Cutlip, a vice president, will report to Blake Rolley, president and CEO.
She came to First State from National Bank of Arizona in Flagstaff. She worked nine years for that bank and was an assistant vice president.
MIDDLE ATLANTICCommerce Bancorp of Cherry Hill, N.J., has hired Edward Kiessling, an executive with the international insurance broker Aon Corp., as president and chief operating officer of its Commerce National Insurance Services Inc.
Mr. Kiessling, 45, was the president of Aon Risk Service Incorporated of Northern California, a retail insurance brokerage unit of Chicago-based Aon Corp. Earlier he worked 13 years at Alexander & Alexander, which Aon bought in 1996. He has 22 years of insurance experience.
At Commerce he will report to George Norcross, the chairman and chief executive officer of the banking company, which said Mr. Kiessling will work to integrate insurance with Commerce Bank's portfolio of financial services.
Commerce Bancorp has $7.5 billion of assets.
