People Moves
Boston Private Shuffles Executive Ranks At Borel, Charter
Boston Private Financial Holdings has announced the
appointment of
James C Garvey as chief executive officer and president of
its Northern California affiliate, Borel Private Bank & Trust
Company.
Garvey steps in from Charter Private Bank where he served as
president and CEO. Charter is the Pacific Northwest private
banking affiliate of BPFH. Prior to that, he served for eight
years as president and CEO for Flagship Bank and Trust of
Worcester and held key positions at TD Banknorth, Shawmut Bank
and General Electric Capital Corporation.
In his new role, which takes effect December 13, Garvey replaces James Dawson, who will serve as interim CEO until the transition is completed. He will also replace Dawson on the Borel Private Bank board.
Along with this appointment came the announcement of a new chief
executive for BPFH's Southern California affiliate,
West Coast Private Banking Group.
V Charles Jackson, currently the CEO and president of First
Private Bank & Trust, takes up his new role in 1 January 2011. He
will also become a member of the boards of both Charter Private
and Borel.
These two new appointments mean that Dawson will relinquish his
titles of managing director of West Coast Private Banking and
interim CEO of Borel, and return to the BPFH headquarters in
Boston by December 31. Dawson will continue as executive vice
president and as member of the senior policy group, where he will
focus on operational and performance initiatives. He reports to
Clayton Deutsch, the company's president and CEO.