City National Bank has appointed Michael Pagano executive vice president of its private banking services in California. He also becomes a member of the bank's executive committee. Mr Pagano will oversee private banking strategy, business development and client service in California. He will help to coordinate the delivery of credit and depository services as well as trust, investment management, brokerage and advisory capabilities to high net worth clients. Until recently, Mr Pagano was southwest region president for the private bank at Bank of America. Based in Los Angeles, he and his team managed $23 billion in assets for clients in southern California, southern Nevada and Arizona. Before that, he was chief administrative officer for Bank of America's private bank based in Boston.