First Midwest Bank in Itasca, Ill., has hired longtime Chicago-area banking executive Mark G. Sander as its new president and chief operating officer.

Sander will report to Michael L. Scudder, the president and chief executive officer of the bank's parent company, First Midwest Bancorp Inc. In his new role, Sander will have direct management responsibility for the performance of the $8 billion-asset bank, overseeing the commercial, retail and wealth management lines of business, the company said in a news release Monday. Sander, who joins the bank on June 20, will also serve as a director of the bank and as a senior executive vice president of the holding company.

Sander has more than 30 years of commercial banking experience, mostly in the Chicago region. From 1980 to 2007 he held a number of leadership positions at LaSalle Bank from 2007 to 2009 he served as head of commercial banking for the Midwest region at Bank of America after it acquired LaSalle. Since August 2009 he had headed up commercial banking at Associated Banc-Corp in Green Bay, Wis.

In a statement, Scudder said that Sander's "extensive commercial banking expertise and market knowledge will be of tremendous value as we look to maximize the many market opportunities available to us."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.