Another LaSalle Bank Corp. executive has landed at Taylor Capital Corp.
The $3.7 billion-asset Rosemont, Ill., company announced last week that it has hired John Lynch Jr. to fill the newly created position of vice chairman of its Cole Taylor Bank. Mr. Lynch joined Cole Taylor from Bank of America Corp., which acquired LaSalle a year ago from ABN Amro Holding NV.
At LaSalle, Mr. Lynch was the executive vice president in charge of its Metropolitan Banking Group, a division that catered exclusively to companies with $5 million to $50 million of annual sales — the market where Cole Taylor is squarely focusing its efforts. In January, Taylor Capital announced it had hired Mark Hoppe, the chief executive of LaSalle Bank Midwest in Troy, Mich., as the president and CEO of Cole Taylor Bank.