WASHINGTON - Riggs Bank has filled two newly created positions at its growing investment and wealth management division, Riggs & Co.
Henry D. Morneault was named chairman and Henry A. Dudley was promoted from executive director of the division to chairman, the bank announced last week.
Mr. Morneault joins $5.1 billion-asset Riggs from FleetBoston Financial, where he was managing director of the media and entertainment group. Before that he was chief financial officer at Allbritton Communications Co., which is owned by Riggs senior chairman Joe L. Allbritton.
Riggs Bank president Larry I. Hebert said the positions were created to help the bank focus more on the affluent market and transform it "from a traditional bank to a broadly based financial services provider."
