PrivateBancorp Inc. in Chicago has promoted Patrick McQueen to chairman and chief executive of its Michigan bank.
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He succeeded David Provost, who resigned to pursue other interests, PrivateBancorp said Thursday.
Mr. Provost had been with PrivateBank-Michigan since PrivateBancorp acquired his previous employer, Bloomfield Hills Bancorp, in 2005.
Mr. McQueen, 61, was the president and chief operating officer of PrivateBank-Michigan, which he joined in 1999. Before that he had been commissioner of the Michigan Financial Institutions Bureau for six years.
