Sun Bancorp in Mount Laurel, N.J., has appointed wealth-management executive Grace Torres to its board.

The $2.4 billion-asset company also named Torres to the board of its Sun National Bank. Torres will join the board's audit and risk committees.

Torres is director and trustee of the Prudential Retail Mutual Funds complex, which has more than 60 mutual funds and $78 billion in aggregate assets. Torres, an accountant, has also worked for Bankers Trust and Ernst & Young.

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