PrivateBancorp, Inc. Names Jennifer Evans General Counsel and Corporate Secretary

Jan 19, 2010, 16:30 ET from PrivateBancorp, Inc.

CHICAGO, Jan. 19 /PRNewswire-FirstCall/ -- PrivateBancorp, Inc. (Nasdaq: PVTB) is pleased to announce Jennifer Evans is named General Counsel and Corporate Secretary, effective immediately.

Evans has more than 26 years of experience in providing legal counsel to publicly traded companies, particularly in the financial services industry. She spent more than 20 years with Vedder, Price, P.C., one of Chicago's top law firms where she specialized in corporate and securities matters for regulated financial services companies and publicly traded companies, providing counsel on strategic and fiduciary matters including capital raising, mergers and acquisitions, governance, and disclosure requirements.

In 2004, Evans joined MAF Bancorp, Inc., where she was an Executive Vice President and General Counsel until its acquisition by National City Corp. (now part of PNC Financial). Since then she has worked as an independent legal consultant and has served as a member of the Board of Directors of Evergreen Bank Group in Oak Brook, Ill., since 2008.

"Jennifer brings tremendous experience in working with many companies in our industry," said Larry D. Richman, President and Chief Executive Officer, PrivateBancorp, Inc. "We are fortunate that she will join our team and will bring her depth of experience to us."

Evans replaces Christopher Zinski, who returned to private practice at the end of 2009.

About PrivateBancorp, Inc.

PrivateBancorp, Inc. is a growing diversified financial services company with 34 offices in 10 states and $12.1 billion in assets as of September 30, 2009. Through its subsidiaries, PrivateBancorp delivers customized business and personal financial services to middle-market commercial and commercial real estate companies, as well as business owners, executives, entrepreneurs and wealthy families. Additional information can be found in the Investor Relations section of PrivateBancorp, Inc.'s website at  

SOURCE PrivateBancorp, Inc.