Medford Savings Bank in Massachusetts has hired Laura W. Dorfman as the vice president of residential lending.

She succeeded Debbie Sousa, who has left the bank. Ms. Dorfman reports to Eric Loth, senior vice president.

Ms. Dorfman was a senior vice president at U.S. Trust Co. in Boston, which she joined in 1998 when its parent, UST Corp., bought her previous employer, Lexington Savings Bank. (Citizens Financial Group Inc. in Providence, R.I., bought UST last year.) Before that she had been a vice president at Eagle Bank in Everett, Mass. She has 18 years of banking experience.

Medford Savings, with $1.3 billion of assets, is a subsidiary of Medford Bancorp Inc.


Pulaski Financial Corp. in St. Louis has promoted controller Ramsey K. Hamadi to chief financial officer.

He succeeded Thomas F. Hack, who has retired from the post but will be a consultant to the company for the next three years. He also remains on the board of both the company and its Pulaski Bank.

Mr. Hamadi, 32, had been the controller of Pulaski since last year. Before that he had been a bank examiner at the Federal Reserve Bank of St. Louis. Still earlier he had been an accounting principal at United Leasing in Fenton, Mo.


Sumitomo Mitsui Banking Corp. has promoted Mitsugu Serizawa to be manager of the planning office at its Los Angeles subsidiary, Manufacturers Bank, and a senior vice president of the bank.

Mr. Serizawa, 43, has worked for Sumitomo for 20 years, most recently as a senior vice president and assistant general manager based in the Tokyo office. (The company was named Sakura Bank Ltd. until April when it merged with Sumitomo Bank of Osaka.)

Before that he had been a senior vice president and the assistant general manager in the international planning division for seven years. Still earlier he had worked in New York as the vice president of the Americas division for six years.

Manufacturers has $1.2 billion of assets.

City National Bank in Beverly Hills has hired Michael B. Cahill to be its general counsel and secretary. He was also named an executive vice president.

Mr. Cahill was the president of Avista Ventures Inc. of Spokane, Wash.

Before that he had worked at First Interstate Bancorp. in Los Angeles for 13 years until Wells Fargo & Co. bought it in 1996. At First Interstate he had held the rank of executive vice president and posts as general counsel and chief administrative officer. He had also been the corporate secretary of the company and its First Interstate Bank of Texas.

Still earlier he had worked at two Los Angeles law firms - Bodkin, McCarthy, Sargent & Smith and Findley & Associates.

City National, with $8.9 billion of assets, is the principal subsidiary of City National Corp.

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