Union Bank announced that Senior Vice President Marianne Bamonte, a veteran of the custody, investment, and trust services industry, has been named manager of the institutional services division. In her new role, Bamonte will lead corporate trust, custody, labor management trust, and retirement plan services.
She reports 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, 2010. Marianne brings more than 25 years of custody and trust experience to this important leadership position. -Business Wire