Private Bank of California, a chartered commercial bank, has named David Misch as CEO. Additionally, Todd Neilson, the founding director of the bank, has been named non-executive chairman of the board. Mr Misch’s appointment is effective January 4, 2010 and Mr Neilson’s appointment is effective January 15, 2010.
Previously, Mr Misch served as chairman and CEO of Mellon 1st Business Bank from 2006 to 2008 and subsequently oversaw BNY Mellon’s boutique private bank headquartered in Florida. He was also the chief credit officer and head of corporate strategy and development for Mellon Bank prior to its merger with Bank of New York (BNY).
Mr Neilson served as the chairman of the bank’s audit committee. He has extensive experience in the accounting field and has a wide range of experience in various industries and business.
Mr Misch said: “I look forward to working with our outstanding board and staff in enhancing the bank’s fine client service reputation. At the end of the day, providing unsurpassed personal service will pay dividends to our clients, employees and shareholders as well as the communities we serve.”
Mr Neilson said: “I am honored that the board selected me for this important role. I look forward to working with Mr Misch and building on the foundation that Mr Broidy, the board, executive management, and our staff have put in place.”
