Magna Group Inc., St. Louis, named Matthew W. Finn president for its trust company last week.
He succeeds Roger L. Beaman, who had been running the operation for over 10 years. Mr. Beaman takes the newly created position of senior vice president of trust sales.
Mr. Finn, who will report to Magna chairman G. Thomas Andes, joins the trust company from Burns Pauli Mahoney Co., St. Louis, where he was vice president and senior banking analyst. Previously, he worked in a similar role at Edward Jones & Co.
"We've known Matt for many years as an analyst who has covered Magna," a trust company spokesman said. "Mr. Andes felt Matt can bring something to the table and let others focus on their strengths."