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Banking management and director moves

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Banking management and director moves

S&P Global MarketIntelligence presents a daily roundup of management and board changes in thebank and thrift industry. This feature excludes C-level leadership changes andstories previously covered by S&P Global Market Intelligence.

OklahomaCity-based BancFirstCorp.'s board on March 24 appointed a director. Keatingaccepted the position effective immediately, according to a Form 8-K filedMarch 30.

Histerm will expire at the annual meeting of shareholders in May, at which time hewill stand for re-election. He is a former governor of Oklahoma and retired CEOof the American Bankers Association.


namedRenee Tabben marketpresident for Grand Rapids, serving as the company's enterprise leader for thewestern region of Michigan. The Grand Rapids market includes Michigan's Barry,Kent, Montcalm and Ottawa counties, according to a March 30 news release.

Currently,she is Merrill Lynch Wealth Management market executive for West CentralMichigan, and leads more than 130 financial advisers in the Grand Rapids,Portage, Muskegon, Ann Arbor, East Lansing, Saginaw and Traverse City offices.


Pittsfield,Mass.-based BerkshireBank said March 29 that Allan Costello has been promoted to executive vicepresident of home lending and will join the bank's executive team.

Costellojoined the Berkshire HillsBancorp Inc. unit in 2011 and held the position of senior vicepresident of audit before transitioning to the home lending division.


SanJose, Calif.-based HeritageCommerce Corp, the parent of Heritage Bank of Commerce, said March 30 that joined the bankas senior vice president in charge of business development for the corporatefinance division.

Javierwas senior vice president and head of business development for corporatefinance at Avidbank,a unit of Avidbank HoldingsInc.

Meanwhile,in a Form 8-K filedMarch 30, Heritage Commerce said that Director Charles Toeniskoetter wouldretire from the board effective as of the date of the 2016 annual shareholdersmeeting, and Director Humphrey Polanen would retire from the board effectiveApril 29.

Thefiling also disclosed that the company's board, at its March 24 meeting,reduced the number of directors from 13 to 12 effective as of the date of andprior to the 2016 annual shareholders meeting.

Accordingto SNL data, Toeniskoetter is chairman of the board of ToeniskoetterDevelopment, while Polanen is the managing member of private equity investmentfund Sand Hill Management Partners.


Irvine,Calif.-based OpusBank promoted BobGranfelt to executive vice president and chief credit officer,according to a March 30 news release.

Granfeltwas named senior vice presidentand chief credit officer in June 2013.