Comerica Appoints Vice Chair For Wealth, Retail, Institutional Units

Vanessa Doctor

5 May 2011

Texas-based Comerica Incorporated has appointed Curtis Farmer as vice chairman of the retail bank and the wealth and institutional management units.

Farmer joined Comerica as executive vice president for wealth and institutional management in 2008 from Wachovia Corporation, where he served as EVP and wealth management director of the wealth segment.

In his new role, he will be responsible for the entire retail banking network, which includes 444 banking centers and business banking for small enterprises. He will also be overseeing the wealth management division, which covers private banking, Comerica Asset Management, Comerica Securities, Comerica Insurance, private fiduciary services, and institutional trust. He reports directly to Ralph W Babb Jr, the chairman and chief executive.

Comerica is a Dallas-based financial services firm that is aligned by three business segments: the business bank, the retail bank, and wealth management. As of March 31, the oversaw $55 billion in client assets.