Boston-based BostonPrivate Financial Holdings Inc. announced the promotion of a numberof its executives, according to an April 8 news release.
Boston PrivateBank & Trust Co. President George Schwartz was appointed CEO ofthe private banking group, a newly created position. Reporting to Schwartz willbe James Brown and Torrance Childs, who were named co-presidents of the privatebanking group. Brown and Childs' positions are also newly created — Brown will continueto hold his post as head of Boston Private's commercial banking group, while Childs,who was also named to Boston Private Bank's board, will keep his role as the company'snational director of deposit management.
In addition, Gisela LoPiano and Robert Nentwig were both promotedto executive vice president in the commercial banking group. LoPiano is the commercialbanking group's East Coast market leader and Nentwig serves as West Coast marketleader.
Meanwhile, in the private clients group, Nicholas Hofer was promotedto executive vice president. He will continue to serve as the company's West Coastmarket leader.