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Deals & People January 31, 2011
Bamonte Named Union Bank Institutional Manager
Marianne Bamonte, a
veteran of the custody, investment, and trust services industry, has been named manager
of the Institutional Services division at Union Bank.
Reported by Fred Schneyer
Bamonte will lead corporate trust, custody, labor management trust, and retirement plan services, the company announced. She will report to Senior Executive Vice President JoAnn Bourne, head of the Global Treasury Management Group. Based in San Francisco, Bamonte succeeds Greg King, who retired in December.
Bamonte started her career in financial services in 1979 at the Long Island Trust Company and later became a National Trust & Custody Business Development Officer for Bank of America. At LaSalle Bank, Bamonte shifted her focus to client relationship and product management, becoming a Senior Vice President of LaSalle Global Securities & Trust Services.
Prior to Bamonte’s current position, she was Senior Vice President and Business Manager for Union Bank’s Institutional Trust & Custody Services group overseeing client services management, the group’s financial performance, and the business unit’s strategic development encompassing domestic and global custody, institutional money funds portal, and securities lending.