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Bank of Hawaii names EVP; Principal Global Investors hires Principal Funds CEO

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 key C-level leadership changes, which are covered separately, and stories previously covered by S&P Global Market Intelligence.

Banking

Honolulu-based Bank of Hawaii hired Taryn Salmon as executive vice president and director of business service management.

Salmon was most recently senior vice president and director of business technology digital banking and fraud engineering at Zions Bancorp NA.

Bank of Hawaii Corp. is the parent company of Bank of Hawaii.

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New York-based CIT Group Inc. appointed David Harnisch president of commercial finance, effective Sept. 23.

Harnisch will succeed Jim Hudak, who is retiring Sept. 3.

Harnisch was most recently executive vice president and head of commercial banking at Santander Bank NA.

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Tamara Bohlig was appointed to San Diego-based Axos Financial Inc.'s board.

Bohlig is chief marketing officer at AssetMark Financial Holdings Inc.

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Hampton, Va.-based Old Point Financial Corp. director H. Robert Schappert will retire from the board of the company and the board of its unit, Old Point National Bank of Phoebus, effective Sept. 30.

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York, Pa.-based PeoplesBank A Codorus Valley Co. appointed Sarah Brown and J. Rodney Messick to its board.

Brown is president and CEO of Keller-Brown Insurance Services Inc., while Messick is CEO at Homesale Realty Service Group Inc.

Codorus Valley Bancorp Inc. is the parent company of PeoplesBank.

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Chemung Canal Trust Co. named Peter Cosgrove executive vice president and chief credit officer, effective Aug. 12.

Chemung Canal Trust is a unit of Chemung Financial Corp.

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Associated Bank NA appointed Amber Frantz vice president and relationship manager for commercial banking.

The bank also hired Dawn Tryba as senior vice president and senior marketing manager.

Previously, Frantz was vice president and treasury management officer at Wisconsin Bank & Trust, while Tryba was enterprise marketing leader at Vonage.

Associated Banc-Corp is the parent company of Associated Bank.

Financial services

LaSalle Investment Management Inc. named Stuart Sziklas head of U.S. custom accounts, effective Sept. 3, Pensions&Investments reported.

Sziklas will replace Karen Brennan, who was promoted to CEO for Europe.

He joins from CBRE Global Investors Inc., where he was portfolio senior managing director.

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Principal Global Investors LLC named Kamal Bhatia president and CEO of Principal Funds.

Bhatia joins from OC Private Capital LLC where he was CEO and chairman.

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Carlos Alcaine, Stephen Halterbeck, Cheryl Moore and Melissa Reynolds joined D.A. Davidson & Co.'s Roseville, Calif., branch.

Alcaine joins as senior vice president and financial adviser, while Halterbeck joins as vice president and financial adviser. Moore and Reynolds join as registered client associates.

The Alcaine Halterbeck Investment Group previously worked with Baird.