National City Corp., Cleveland, promoted Robert G. Siefers, executive vice president and chief financial officer, to vice chairman.
The promotion made him the third member of the office of the chairman, with David A. Daberko, chairman and chief executive officer, and Vincent A. DiGirolamo, vice chairman.
Mr. Siefers, 52, who reports to Mr. Daberko, will continue to oversee finance, mergers and acquisitions, institutional trust, and additional administrative functions.
He has been chief financial officer of National City Corp. since 1991. Currently, he is overseeing the adoption of 15 strategic initiatives to improve National City's data warehousing, wealth management, and retail delivery divisions, and he is also assisting a resurgence in the item processing subsidiary, National Processing Co.