Executive Changes

Article excerpt


The Illinois Bankers Association in Springfield has elected Mark A. Hoppe to a one-year term as president.

Mr. Gaines is an executive vice president at ABN Amro's LaSalle Bank in Chicago. He is in charge of the specialty banking group at $46 billion-asset LaSalle. He also oversees LaSalle National Leasing Corp. He has been a director of the Illinois Bankers Association for four years.

He said that as president of the trade group he plans to establish close working relationships with banking organizations in Illinois and other states.

Middle atlantic

Goldman Sachs Group Inc. in New York has hired Michael Zimm as a vice president in its U.S. investment research group to cover the electronics manufacturing industry.

Mr. Zimm was a director and senior analyst at CIBC World Markets in New York. Before that he was a Salomon Smith Barney analyst focusing on the server and enterprise hardware industries.

Before entering the securities industry Mr. Zimm designed, developed, and managed global-scale information systems at Bankers Trust Co., Digital Equipment Corp., and the law firm of Kaye, Scholer, Fierman, Hays & Handler.

KPMG LLP in New York has named Robert F. Arning national industry director of its banking practice, a unit of its financial services line of business.

He will focus on retail and institutional banking, investment banking, and securities firms and will report to Gene O'Kelly, vice chairman of financial services line of business.

Mr. Arning had been a national director in the firm's investment banking and securities practice for two years. He started his career at KPMG 16 years ago as an assistant accountant.

In his new post he succeeded Jane Jelenko, who is now a managing director of KPMG's consulting group.


Wachovia Corp. in Winston-Salem, N.C., has promoted executive vice president David L. Gaines to comptroller.

He succeeded Donald K. Truslow, who became chief risk officer.

Mr. Gaines, 40, will be responsible for accounting and finance and tax functions of the finance group in the financial management division. …