CHICAGO, Feb. 24 /PRNewswire-FirstCall/ -- PrivateBancorp, Inc. (Nasdaq: PVTB) is pleased to announce the following appointments:
Hammad Pirzada is named Managing Director and Corporate Treasurer. Pirzada joined PrivateBancorp from TransUnion Corp., where he had served as Vice President, Corporate Finance, and Corporate Treasurer since 2008. In this role, he was responsible for managing the Corporate Finance function as well as overseeing the funding and capital management, interest rate and foreign exchange risk management, investment policy and insurance requirements, among other duties. Prior to TransUnion, he was with LaSalle Bank Corp., where he held a variety of roles over his 10 years, most recently as Senior Vice President, Corporate Acquisitions. Pirzada reports to Chief Financial Officer Kevin Killips.
Elizabeth (Bess) Cummings is named Chief Information Officer, responsible for corporate technology and operational infrastructure, including facilities management and security, as well as overseeing the Company's Project Management Office. Cummings joined PrivateBancorp in 2008 as Chief Operations Officer from JPMorgan Chase, where she most recently served as Senior Vice President, Global Client Service & Implementation. She held a variety of operations, technology and project management roles in her more than 25 years with Chase and its predecessor companies. In her new role, Cummings reports to Chief Operating Officer Brant Ahrens.
James (Chip) Bennett is named Chief Technology Officer, overseeing all information technology activities for the Company. Bennett joined PrivateBancorp from information technology consulting firm FC Partners Group LLC. Prior to that, he spent six years with the Chicago Board of Trade in a variety of roles, most recently as Senior Vice President and Head of Infrastructure. He previously spent 11 years with Bank One Corp. Bennett reports to Elizabeth Cummings.
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 December 31, 2010. 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. PrivateBancorp, Inc.'s website is www.theprivatebank.com.
SOURCE PrivateBancorp, Inc.
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