Mellon Financial Corp in Pittsburgh has elected Steven G. Elliot, its senior vice chairman and chief financial officer, as a director of the company and its Mellon Bank.
Mr. Elliot, 54, is responsible for the company's finance, technology, and selected corporate support activities. He is also the head of Mellon's corporate financing and venture capital businesses.
He joined Mellon in 1987 as an executive vice president and the head of the finance department. He was promoted to chief financial officer in 1990, vice chairman in 1992, and senior vice chairman in 1998.
Before joining Mellon he had been an executive vice president and the chief financial officer of First Commerce Corp. in New Orleans (which Bank One Corp. bought in 1998).
Before that he had been a senior vice president and the corporate controller at Crocker National Bank in San Francisco (which Wells Fargo Bank bought in 1986).
Mellon also promoted Paul Lowden to president of Mellon Bank's central region, which includes Blair, Center, Clinton, and Mifflin counties in Pennsylvania.
He is responsible for the bank's retail financial services for consumers and small businesses and its network of 16 traditional and supermarket banking locations in the four counties. He is also responsible for developing synergies among Mellon's consumer and commercial businesses in the region.
He succeeded Ralph J. Papa, who was named president of Mellon Bank's western Pennsylvania region. Mr. Lowden reports to Robert J. Rhile, head of community banks for Mellon retail financial services.
Mr. Lowden was the regional sales manager for Mellon's community banks in State College, Harrisburg, Erie, Wilkes-Barre, and Delaware. He joined the company in 1993 as a regional sales manager at its asset management subsidiary, Dreyfus Corp., where he worked for seven years.
WESTWells Fargo Private Client Services has hired Shawn Higley as its sales director for Oregon, Washington, Alaska, Montana, and Wyoming.
Mr. Higley, who was also named a senior vice president of the San Francisco banking company, is based in Portland, Ore., and oversees a team of financial consultants who work with high-net-worth individuals.
He was a senior vice president and the western sales manager in U.S. Bancorp's private financial services division. Before that he had been a vice president for institutional investment and still earlier a manager in its insurance division.
Sanwa Bank California in Los Angeles has hired Sharon Fisher as the senior relationship manager for Orange County in the real estate industries group.She was also named a vice president. She is based in Newport Beach.
Ms. Fisher was a vice president in the real estate industries group for Wells Fargo Bank. Before that she had been a vice president at Union Bank of California, and still earlier the vice president of corporate and project finance at Irvine Co. of Newport Beach, a developer of planned communities in Orange County.