Alabama National BanCorporation's First American Bank Announces Addition of Wealth Management Leader
September 22 2005 - 12:03PM
Business Wire
First American Bank, the largest subsidiary of Alabama National
BanCorporation (NASDAQ/NMS:ALAB), announced the addition of Joseph
T. Keating to the newly-created position of Executive Vice
President - Chief Investment Officer and Head of Wealth Management.
In this role, he will be responsible for the company's securities
brokerage, trust, asset management and investment businesses. "We
are very excited to have someone of Joe's caliber join our team,"
said William E. Matthews V, Executive Vice President and Chief
Financial Officer of Alabama National. "We believe his addition
will help us to capitalize upon the opportunity to expand our
wealth management division and allow us to better serve the needs
of our growing customer base." Keating's background includes 25
years in the investment business, 14 of which were at Old Kent
Financial of Grand Rapids, Michigan, where he served as Chief
Investment Officer. Following Old Kent's acquisition by Fifth Third
Bank, Keating was Fifth Third's Chief Market Strategist and Chief
Fixed Income Officer. He has been frequently quoted by the national
media and has also appeared on CNBC and Bloomberg. This press
release contains forward-looking statements as defined by federal
securities laws. Statements contained in this press release which
are not historical facts are forward-looking statements. These
statements may address issues that involve significant risks,
uncertainties, estimates and assumptions made by management. ANB
undertakes no obligation to update these statements following the
date of this press release. In addition, ANB, through its senior
management, may make from time to time forward-looking public
statements concerning the matters described herein. Such
forward-looking statements are necessarily estimates reflecting the
best judgment of ANB's senior management based upon current
information and involve a number of risks and uncertainties.
Certain factors which could affect the accuracy of such
forward-looking statements are identified in the public filings
made by ANB with the Securities and Exchange Commission, and
forward looking statements contained in this press release or in
other public statements of ANB or its senior management should be
considered in light of those factors. There can be no assurance
that such factors or other factors will not affect the accuracy of
such forward-looking statements.
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