Bankers Trust Florida in Palm Beach has hired SunTrust executive Mark F. Del Pezzo as chief investment officer for the southeastern states.
Mr. Del Pezzo will lead two portfolio managers and an assistant manager responsible for client trusts and investment advisory accounts.
He will report to J. Patterson Cooper, who leads the subsidiary of New York-based Bankers Trust Corp. as a managing director.
Mr. Del Pezzo will hold vice presidential rank at Bankers Trust Florida, as he did at SunTrust Bank in Jacksonville. As a senior portfolio manager there he ran a trust unit responsible for more than $600 million of assets.
Before joining SunTrust, Mr. Del Pezzo worked for the investment banking firm of Kidder, Peabody & Co. in Jacksonville as an investment broker. He has 14 years of investment management experience.