LOS ANGELES - (Business Wire) First Private Bank & Trust today announced the appointment of John Tellenbach as Executive Vice President and Chief Lending Officer, Commercial Banking, for the Company. He will report directly to V. Charles Jackson, CEO and will be responsible for managing the commercial banking group and directing new business development activities for the Bank. “John joins the Bank possessing almost twenty years of financial services experience, highlighted by his extensive expertise in building and expanding commercial banking segments in Southern California,” said Charlie Jackson, President and CEO. “His keen insight into the greater Los Angeles area marketplace as well as his leadership qualities will be an excellent complement to our executive management team. With all the key senior management members now in place, First Private is well-positioned to take advantage of future strategic growth opportunities and continue to provide excellent high touch wealth management service to high net worth customers in the Southern California marketplace.”
Mr. Tellenbach’s experience includes serving as the Southwest Director of Small Business Banking for Wachovia Bank and holding various senior level management positions at Wells Fargo Bank. He also serves as Regional board member of the American Cancer Society. Mr. Tellenbach received his BA from the University of California, San Diego and resides in Rancho Palos Verdes with his wife and two children.
About First Private Bank & Trust
First Private Bank & Trust is a provider of customized private banking and wealth management solutions to high net worth individuals and privately owned businesses. First Private Bank & Trust has offices in Burbank, Encino, Granada Hills, Santa Monica, and Westlake Village. It is a member of the Boston Private Wealth Management Group. For more information about First Private Bank & Trust, visit the Company's web site at www.1stprivate.com.
About Boston Private Financial Holdings
Boston Private Financial Holdings is a national financial services organization comprised of independently operated affiliates located in key regions of the U.S. that offer private banking, wealth advisory and investment management services to the high net worth marketplace, selected businesses and institutions. The Company enters demographically attractive markets through a very selective acquisition process and then expands by way of organic growth. It employs a distinct business strategy, empowering its affiliates to run independently such that they can best serve their clients at the local level, while at the same time providing strategic oversight and access to resources, both financial and intellectual, to support management, compliance, legal, marketing, and operations. (NASDAQ: BPFH).
For more information about Boston Private, visit the Company's web site at www.bostonprivate.com.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties. These statements include, among others, statements regarding our strategy, evaluations of future interest rate trends and liquidity, prospects for growth in assets, and prospects for overall results over the long term. You should not place undue reliance on our forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to significant risks, uncertainties and other factors which are, in some cases, beyond the Company’s control. Forward-looking statements are based on the current assumptions and beliefs of management and are only expectations of future results. The Company does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made.
First Private Bank & Trust
Jim Caringi, 818-501-1764
Senior Vice President, Director of Marketing
jcaringi@1stprivate.com
or
Sloane & Company
Dan Zacchei, 212-446-1882
dzacchei@sloanepr.com
