Private Bank of California has hired David Misch as chief executive. He had served as chairman and chief executive of Mellon 1st Business Bank in Los Angeles from 2006 until 2008, when it was acquired by BNY Mellon. After that, he headed BNY Mellon’s boutique private bank in Florida.

The bank has also appointed Todd Neilson, a founding director, as non-executive chairman. Mr Neilson has been chairman of the bank’s audit committee since the bank opened in 2005.

Messrs Misch and Neilson replace former chairman and acting CEO Steven Broidy, who is retiring.