First Private Bank & Trust Names John Tellenbach as Chief Lending Officer

Tue Nov 3, 2009 12:00pm EST
 
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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

Copyright Business Wire 2009

 

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