Magazine article American Banker

Executive Changes

Magazine article American Banker

Executive Changes

Article excerpt


PNC Financial Services Group Inc. has promoted Francine Miltenberger to executive vice president of PNC Bank in Pittsburgh, where she will be division executive for treasury management.

She joined PNC in 1997 from Chase Manhattan Bank, where she held posts in private banking, cash management, and the corporate merger office.

In 1999 Ms. Miltenberger launched PNC's Internet services center which gives corporate clients enhanced service access through the Web. Recently she helped develop a joint venture with Perot Systems Corp. to create BillingZone, a business-to-business electronic bill presentment and payment service. She is now working on advanced accounts receivable services.

PNC Financial Services has $70.8 billion of assets.


LaSalle Bank of Chicago has hired two vice presidents and transferred a third to the Boca Raton, Fla., office of its broker-dealer services division.

Doug Bretz joins as a group vice president from First Union Corp.; David R. Seibert is to start this month as a vice president after leaving J.C. Bradford; and Mark Curtis, a vice president, transfers from the London derivatives team of the bank's parent company, ABN Amro Holding NV. All three are to report to Pat Kelly, senior vice president and chief administrative officer of the division.

Mr. Bretz, 49, was a managing director at First Union, where he had worked 13 years, most recently in Richmond, Va. He joins LaSalle as a senior member of the division's management team, responsible for corporate new issuance, sales and marketing, risk management, new bank CD issuance, and an electronic trading initiative. He has more than 20 years of fixed-income experience.

Mr. Seibert, 28, was a national accounts manager in Bradford's Nashville office, where he had worked for three years. …

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