Whitney Holding Corp. said Wednesday that it has named Thomas L. Callicutt chief financial officer, succeeding Edward Grimball, who resigned last fall.

Mr. Callicutt, 52, is to oversee all financial reporting, compliance, and budgeting for the banking company. He will also manage accounting, regulatory reporting, tax planning, profitability reporting, insurance and risk management, purchasing, and investor relations.

"Whitney has a tremendous amount of potential, and we're trying to capitalize on that," Mr. Callicutt said.

William L. Marks, chairman and chief executive officer of Whitney, called Mr. Callicutt "a seasoned finance professional who has contributed significantly to Whitney."

Mr. Callicutt joined the company last year as senior vice president and comptroller of its Whitney National Bank subsidiary.

Before that he spent 13 years at First Commerce Corp. of New Orleans, most recently as executive vice president. That banking company merged with Bank One Corp. last year.

From 1973 through 1985 he worked in the audit division of Arthur Andersen & Co.'s Memphis office.

Whitney Holding had $5.2 billion of assets at midyear. It operates 120 banking offices in southern Louisiana, the coastal region of Mississippi, central and southern Alabama, and the Florida panhandle.

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