- Former Federal Reserve Bank Examiner Joins Deloitte & Touche AML Practice
- David Hayes Honored as ICBA Chairman
- IBERIABANK Corporation Names EVP and Director of Corporate Operations
- BB&T Names New Leadership for Wealth Management and Marketing
- Peoples Bancorp Inc.'s CEO to Retire, Mark F. Bradley Named Successor
- NetEconomy Appoints Sebastian Kuntz as CEO
- LaSalle Names Chairman, President and CEO of Subsidiary ABN AMRO Mortgage Group
- VECTORsgi Appoints VP of ePayments and Workflow Systems
- FHLB of Atlanta names new CFO
Deloitte & Touche LLP announced the hiring of Fred Curry, a former bank examiner with the one of the Federal Reserve banks and an experienced commercial banker with significant anti-money laundering experience, as a senior manager in the Anti-Money Laundering (AML) group. The AML group is part of Deloitte & Touche's national Forensic & Dispute Services practice. Curry, 42, who brings more than two decades of experience in domestic and international banking, is the newest prominent addition to Deloitte & Touche's rapidly expanding Anti-Money Laundering group. Alan Abel, a leading authority on anti-money laundering, joined the practice in December. Curry joins Deloitte & Touche from a major Washington, D.C.-based law firm, where he served as senior director of its anti-money laundering practice. In addition to assessing the effectiveness of clients' AML compliance programs, he reviewed currency reports, customer accounts and related transactions to detect suspicious activity and devised solutions to address bank examination findings, among other tasks.
From 1998 to 2003, Curry worked as a bank examiner at one of the Federal Reserve banks. As examiner-in-charge of the bank's legal and compliance risk group, he was responsible for: conducting comprehensive AML examinations for a wide range money center banks; testing AML compliance; helping financial institutions identify money-laundering weaknesses and detect unusual fund transfers; training foreign central banks and enforcement agencies in AML practices; and advising on criminal investigations, enforcement actions and civil penalties. Prior to that, he served a stint as an associate manager of the operations and technology division for a major brokerage firm. From 1982 to 1997, Curry rose through the ranks of a leading U.S. bank, where he was responsible for tax reporting and compliance. He also served as an assistant treasurer for the bank's global deposit services. In 2001, Curry founded the non-profit Sirius Foundation to honor his wife, Beverly Laverne Curry, who died in the Sept. 11 World Trade Center attacks. Inspired by her husband's quest for education, Beverly, an honor student, was just two semesters shy of earning her bachelor's degree in business administration at the time of her death. Since its inception, the foundation has awarded $10,000 in scholarships to high-achieving African American women aspiring to careers in business. Curry earned a J.D. from Brooklyn School of Law in 2003 and an M.B.A. from Fordham University in 1997. (17 Feb 2005)
David Hayes will become chairman of ICBA at the ICBA National Convention and Techworld, March 9-13, 2005 in San Antonio, Texas. He will serve in the volunteer position until March 2006.
In recognition, the Tennessee General Assembly has approved a resolution to honor Hayes' appointment. The resolution, introduced by Rep. Craig Fitzhugh (D-Ripley), applauds Hayes' contribution to his community, the industry and ICBA, stating his "outstanding success as a public servant and entrepreneur is no doubt a result of his reliance upon the time-honored values of hard work, common sense and honesty."
Currently chairman of the ICBA Bancard board, David Hayes has served as chairman and vice chairman of the ICBA Payments and Technology Committee and as a member of the ICBA Board of Directors. He has served on ICBA's Policy Development and Long-Term Planning committees. He has also served as chairman of the ICBA Financial Services Corp. board, as a member of the ICBA Services Network board and the ICBA Securities Corp. board.
A leader throughout banking, Hayes also serves as ICBA's representative on the Banking Industry Technology Secretariat board. In the Tennessee Bankers Association, he has served as director. He has served as chairman for the Board of Trustees of the Southeastern School of Consumer Credit. (17 Feb 2005)
Marilyn Burch, currently Executive Vice President and Chief Financial Officer has been named Executive Vice President and Director of Corporate Operations at IBERIABANK (Lafayette, La., $2.4 billion in assets), the banking subsidiary of IBERIABANK Corporation.
Burch joined IBERIABANK as Corporate Controller in 1999 and assumed the role of Executive Vice President, Chief Financial Officer in 2001. During this period, she restructured the finance, accounting and human resources functions through strategic hires and increased utilization of technology. She also managed the financial processes of the Company, helping to improve core profitability during a period of significant growth, multiple acquisitions, and a constantly changing regulatory environment. Daryl G. Byrd, President and Chief Executive Officer of IBERIABANK, commented, "Marilyn's broad understanding of the Bank's activities will be well utilized in her new role." (15 Feb 2005)
BB&T (Winston-Salem, N.C., $100.5 billion in assets) has named Mark Wenick head of its Wealth Management division, which now manages $10.2 billion in assets.
Before joining BB&T's Wealth Management Division as its sales and service director, Wenick, 45, was director of Investment Product Distribution and Regional Portfolio Management for Raleigh, N.C.-based BB&T Asset Management. He came to BB&T as a regional trust manager in March 1999 with BB&T's acquisition of MainStreet Financial Corporation. He was chairman and chief executive officer at MainStreet Trust Company from 1996-1999. Wenick earned his bachelor's degree from Columbia University and law degree from Duquesne University. He will report to Corporate Financial Services Manager Ken Miller, who oversees BB&T's fee-based business lines.
Wenick succeeds Steve Wiggs, who recently was named as BB&T Corporation's first chief marketing officer. As BB&T's top marketing executive, Wiggs, 47, will be responsible for continuing to develop and implement strategies to meet the many financial needs of the company's 2.8 million retail clients and nearly 417,000 business clients. He also will continue to build BB&T into a regional brand and oversee its expanding advertising program.
Wiggs, a Kinston, N.C., native, joined BB&T in 1979. His previous jobs at the bank include business services officer in Goldsboro, Beaufort, and Morehead City, N.C.; area commercial loan administrator in New Bern, N.C.; city executive in Cary and Greensboro, N.C.; president of the former Hickory, N.C.-based Catawba Valley Region; and president of the Winston-Salem-based Piedmont Region.
He earned his bachelor's degree in business management from North Carolina State University and is a graduate of the Young Executives Institute at the University of North Carolina at Chapel Hill. (15 Feb 2005)
Mark F. Bradley, the current President and Chief Operating Officer of Peoples Bancorp (Marietta, Ohio, $1.8 billion in assets), has been named to succeed Robert E. Evans as Chief Executive Officer, effective upon Evans' retirement from Peoples Bancorp and Peoples Bank on June 30. As Chairman of the Board of Directors, Evans will serve as a non-executive officer of Peoples Bancorp and Peoples Bank.
Evans, 64, has been Chief Executive Officer of Peoples Bancorp since 1980 and with Peoples Bank since 1970. He had also served as President of Peoples Bancorp until mid-2004. Under Evans' leadership, Peoples Bancorp has grown from $140 million in assets and $1 million of net income in 1980 to $1.8 billion in assets and $18 million of net income in 2004. During the 35 years since Evans joined the organization, it has grown from offices in three communities in Washington County, Ohio, to 50 offices in Ohio, West Virginia, and Kentucky, employing nearly 600 associates.
Bradley, 35, joined Peoples Bancorp in 1991, served as Controller of both Peoples Bancorp and Peoples Bank from 1997 to 2001, and also served as an Executive Vice President of Peoples Bancorp. (11 Feb 2005)
NetEconomy (The Hague, Netherlands), a provider of enterprise risk monitoring solutions for the finance industry, announced today the appointment of Sebastian Kuntz as CEO. Formerly COO, Kuntz will now be fully responsible for the leadership, management and operations of NetEconomy's business, replacing founders Robin Bodaan and Richard Verheij, who will further manage operations of parent company, the EDR Group, and stay connected as NetEconomy non-executive board members.
Prior to joining NetEconomy, Sebastian managed the growth of several Telecom initiatives and was co-founder of EC-Gate, a Canadian/Dutch B2B ecommerce company with both product and ASP offerings. Prior to EC-Gate, Sebastian co-founded Entity Holding BV. Entity focused on the business development and management of IT-based businesses related to start-up growth and development. Prior to Entity, Sebastian worked for Cap Gemini where he was manager of the Telecom and Services Division with 500 employees and revenues of US$60 million. He also spent 10 years with Volmac Software Group, before its merger with Cap Gemini. At Volmac he worked in software development before moving on to management positions. Sebastian holds a degree in Civil Engineering, and has carried out extensive training in Project Management. (9 Feb 2005)
LaSalle Bank Corporation has announced that Senior Executive Vice President and Chief Financial Officer Thomas M. Goldstein will assume responsibility for the company's mortgage and home equity lines of business and will be named chairman, president and chief executive officer of its subsidiary, ABN AMRO Mortgage Group (Ann Arbor, Mich.).
Goldstein joined LaSalle Bank in September of 1998 as a group senior vice president in the finance division before being named executive vice president in 2001. In 2002, he was named chief financial officer and in 2004 he was promoted to senior executive vice president. Prior to joining LaSalle Bank, he was with Morgan Stanley Dean Witter for ten years, where he held positions in treasury, investor relations, and financial operations. Prior to Morgan Stanley, Goldstein worked in mergers and acquisitions for Manufacturers Hanover and at Pfizer Inc. (8 Feb 2005)
VECTORsgi (Addison, Tex.) has appointed Patricia D. Anderson to vice president, ePayments and Workflow Systems. In her new position, Anderson is responsible for the strategic direction, development, implementation and ongoing support for the ePayments, Resolve dispute resolution, Cash, Reconcile, Returns, Exceptions and Fraud solutions for VECTORsgi.
Previously, Anderson was director of ePayments, Research and Control, where she oversaw development of the next generation of ePayments system as well as initiated an automated dispute resolution system for electronic transactions. Anderson has 28 years of experience in the banking industry, including the areas of information technology (IT), software development, bank operations, project management, process re-engineering and change management. (1 Feb 2005)
The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced that Ernest (Lee) Puschaver will become the Bank's new Chief Financial Officer, as part of a series of actions aimed at further strengthening the Bank's risk management and customer service capabilities, and preparing the Bank for Securities and Exchange Commission registration.
Puschaver will oversee the Financial Risk Measurement and Modeling, Accounting Services, Risk Assessment and Control, and Derivatives and Investment Operations departments. Prior to joining the Bank, Puschaver was director of finance and chief accounting officer for FleetBoston Financial Corporation from 2000 to 2004. Before then, he had been with PricewaterhouseCoopers for 28 years, specializing in the financial services industry. (1 Feb 2005)