Washington Trust Bancorp (WASH) in Westerly, R.I., has hired a veteran banker as its president and chief operating officer.

Edward Handy, a former executive at Royal Bank of Scotland's Citizens Bank, will join the $3 billion-asset Washington Trust in late November, according to the company's Friday press release. He recently was Citizens' president of Rhode Island and Connecticut operations.

Washington Trust's president, Joseph MarcAurele, will remain chairman and chief executive. MarcAurele also has a history with Citizens; he was president of its Rhode Island unit from 2001 to 2009, according to his company page.

Handy "is well known within the industry and brings a wealth of regional banking experience to Washington Trust," MarcAurele said in the release. "As a Rhode Island native, [Handy] is an active community leader and is dedicated to the same principles that have made Washington Trust one of the premier banks in the nation for more than 213 years."

Washington Trust also said that David Devault, its chief financial officer and secretary, was given the additional title of vice chairman. Devault "has been instrumental in the corporation's successful growth during his 27-year tenure, and will continue to be a valuable part of our leadership team,” MacAurele said.

 

 

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.