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Connecticut's Milford Bank names EVP; Starwood Property Trust appoints director

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Connecticut's Milford Bank names EVP; Starwood Property Trust appoints director

S&P Global Market Intelligence presents a daily roundup of management and board changes in the financial services and bank and thrift industries. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.

Banking

Milford, Conn.-based Milford Bank promoted Jorge Santiago to executive vice president, the Milford Mirror reported.

He joined the bank in 2005.

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The Houston Business Journal reported the retirement of Mike Turner as Mutual of Omaha Bank's Houston region president and CEO.

The Omaha, Neb.-based bank is a unit of Omaha Financial Holdings Inc. Its ultimate parent is Mutual of Omaha Insurance Co.

Financial services

Starwood Property Trust Inc. appointed Fred Ridley an independent director, expanding the board to seven members, five of whom are independent.

Ridley is a partner with Foley & Lardner LLP.