Florida Private Bank Hires New Chairman

Nick Parmee

22 July 2009

Coral Gables-based Gibraltar Private Bank has appointed Adolfo Henriques as its new chairman.

Mr Henriques has been chief executive of the south region for Regions Bank and the top Miami executive for Bank of America.

Steven Hayworth steps down as interim chairman but will remain president and CEO.

Gibraltar, part of the Boston Private Wealth Management group, lost $958,000 in the first quarter.