Projo Biz Blog

Washington Trust Bancorp, Inc., announced Friday that Joseph MarcAurele, former president of Citizens Bank Rhode Island, will be the new president and chief operating officer of Washington Trust starting Sept. 21. MarcAurele will succeed John F. Treanor, who will retire in October.

MarcAurele has served as president at Citizens Bank since 2001. "Joe has all of the qualities that make him an excellent choice for Washington Trust: He is a proven leader in the New England banking industry; he is well-respected as a commuity champion, and he is a Rhode Island native," said John C. Warren, Washington Trust chairman and chief executive officer. Warren has announced he will retire in April 2010.

 Tags  Joseph MarcAurele Rhode Island Washington Trust

Comments

Bob said:

Wow, another Citizens President to bail. This makes 2 in a week. The MA president also resigned. Things must not look that bright on the Banks horizon.

Link | July 24, 2009 5:52 PM
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