MIDWEST
Midwest Banc Holdings Inc. of Melrose Park, Ill., has named Roberto A. Herencia to succeed Jay Fritz as the president and chief executive officer of the company and its Midwest Bank and Trust Co.
Fritz, who has been in those roles since January, will resume his position as executive vice president of the company.
Herencia had been the president and a director of Banco Popular North America in Chicago since 2001 and had been an executive vice president of its parent, Popular Inc., since 1997. He had worked for Popular since 1992.
He will begin his new job May 15.
LNB Bancorp in Lorain, Ohio, has hired Gary J. Elek as its chief financial officer.Elek was the vice president and controller for A. Schulman Inc. in Akron. Before that he was the executive vice president of corporate development for FirstMerit Corp. Earlier he was its treasurer.
LNB Bancorp has $1.1 billion of assets.
NEW ENGLANDMeridian Financial Services Inc. of East Boston has hired Gregory Derderian as the chief financial officer for the company and its East Boston Savings Bank.
Derderian was the CFO and treasurer of Mechanics Co-operative Bank. He had worked at the Taunton, Mass., bank for 17 years. Before that he worked for Washington Trust Bank.
He will begin his new job May 18 and will succeed Len Siuda, who retired April 29 from the $1.1 billion-asset Meridian.
MIDDLE ATLANTICMadison National Bank of Merrick, N.Y., has hired Thomas N. Gilmartin as its executive vice president and chief lending officer.
Gilmartin was a regional vice president and senior lending officer for TD Bank, a Toronto-Dominion Bank unit formed last year when TD Banknorth Inc. bought his previous employer, Commerce Bank of Cherry Hill, N.J. At Commerce, he had overseen the management and implementation of strategy.
Earlier he was a senior vice president and group head at Fleet Bank.
He succeeded Peter C. Puccio, who retired.
Madison National has $271 million of assets.
Annapolis Bancorp Inc. in Maryland has hired Edward J. Schneider as the chief financial officer and treasurer of the company and a senior vice president, the chief financial officer and the treasurer of its BankAnnapolis.Schneider was the controller and chief accounting officer of CitiFinancial. Before that he was the treasurer of CitiFinancial Credit Co.
Earlier he was the senior vice president and director of corporate regulatory reporting at MBNA Corp.
He succeeded Margaret Theiss Faison, who was promoted to senior vice president and controller of the $394 million-asset Annapolis Bancorp and its bank.
WESTCalifornia Bank of Commerce in Lafayette has hired Leslee Olson as a senior vice president and relationship manager.
Olson was a vice president of the private client group in Walnut Creek for U.S. Bank. Before that she was a vice president of private banking for Union Bank of California in San Francisco. Earlier she worked for Wells Fargo & Co. in its private banking unit and earlier as a commercial banker.
California Bank of Commerce has $137 million of assets.
Umpqua Holdings Corp. of Portland, Ore., has hired Anthony Oriti to run its new international banking division.Oriti was a senior vice president and manager of the international division at Greater Bay Bank.
Before that he worked for Bank of America Corp. in its international banking unit.
He is based in San Francisco.
Umpqua has $8.5 billion of assets.
Focus Business Bank of San Jose has hired Teresa Powell as its executive vice president of community banking.Powell was the regional president for San Jose at County Bank of Merced. Before that she was a senior executive manager at Greater Bay Bancorp. Earlier she worked for San Jose National Bank.
Focus Business Bank has $94 million of assets.
