First Maryland Bancorp said Wednesday that Jeremiah E. Casey would retire as chairman tomorrow and that chief executive officer Frank P. Bramble had been elected to succeed him.
Mr. Casey, 59, began his career in 1958 with Allied Irish Banks, which owns the $18.3 billion-asset Baltimore bank. He led Allied Irish's expansion into the United States, opening a New York office in 1983 and playing an integral role in the acquisition that year of First Maryland. He has been chairman of the Maryland bank since 1987.
"It was his vision for the future that insured FMB's move into the top 50 banks with the purchase of Dauphin Deposit Bank in 1997," Mr. Bramble said.
Mr. Bramble, 50, retains the title of chief executive officer. Mr. Casey will continue to serve on the board of directors.