Boston Private Announces Executive Leadership Promotions

BOSTON, April 8, 2016

"At the heart of Boston Private's strategy is our goal of being our client's most trusted advisor," said Clayton Deutsch, CEO, Boston Private. "These executives all have long-term tenure with the company, each demonstrating extraordinary leadership abilities and a commitment to providing our clients with advice, expertise, and an integrated private banking and wealth management experience."  

George Schwartz, President of Boston Private Bank & Trust Company, assumes the newly created position of CEO of the Private Banking Group, reporting directly to Clayton G. Deutsch, CEO of Boston Private. Mr. Schwartz joined Boston Private Bank's leadership team in 1998 and has helped lead its expansion from $300 million to $7 billion. He has held the positions of Chief Operating Officer and Treasurer, and has been responsible over that time for deposit management, CRA, mortgage, trust, treasury, marketing, technology, geographic expansion and developing the Bank's client service model.

In his new role, Mr. Schwartz is responsible for the overall strategic direction of the Private Banking Group, including the Deposit & Cash Management, Residential Mortgage and Commercial Lending business lines.

James Brown and Torrance Childs have been named Co-presidents of the Private Banking Group. These are newly created positions, reporting to George Schwartz. Mr. Brown continues to lead Boston Private's Commercial Banking Group and Mr. Childs retains his position as the company's National Director of Deposit Management. Mr. Childs has also been appointed to Boston Private Bank's board of directors.

Mr. Schwartz, Mr. Brown and Mr. Childs are responsible for the overall strategic direction of the Private Banking Group, and in conjuction with Corey Griffin, CEO of Boston Private Wealth, will collectively focus on delivering a fully integrated private banking and wealth management experience. All four are based in Boston.  

Gisela LoPiano and Robert Nentwig have each been promoted to Executive Vice President in the Commercial Banking Group. Ms. LoPiano serves as the Commercial Banking Group's East Coast Market Leader and Mr. Nentwig as the Group's West Coast Market Leader.