BRIDGEPORT, Conn., Jan. 28, 2020 /PRNewswire/ -- People's
United Bank, N.A. (NASDAQ: PBCT) today announced that
Michael Boardman has been appointed
Executive Vice President, Head of Wealth Management, and a member
of the Bank's Management Committee. Boardman will be responsible
for leading People's United's wealth management business, including
People's United Advisors (PUA), the registered investment advisor
of People's United Bank.
Boardman joins People's United with more than 30 years'
experience at large banks and financial institutions. Most
recently, he served as EVP, Head of U.S. Wealth Management for
HSBC. Prior to that, he served as CEO of Chase Wealth Management,
and before that, in similar senior leadership roles at U.S. Bank
and Charles Schwab.
"We are excited to welcome Michael to the team and are confident
that his experience in leading wealth management businesses for
large banks will enhance our ability to deliver local-market
solutions that are tailored to clients' individual needs," said
Jeff Tengel, President, People's
United Bank. "Michael's experience in providing
investment/brokerage, private banking and planning services through
a network of regional branch locations, will allow for a seamless
integration and create an even stronger platform for future
growth."
"I am excited to join People's United during this time of
significant advancement and opportunity," said Boardman. "I look
forward to collaborating with a talented team dedicated to
delivering a personalized approach to wealth management based on
the unique needs of clients."
Michael is a graduate of Middlebury College and earned his
MBA from Columbia University in New
York City.
People's United Advisors is the registered investment advisor of
People's United Bank, and provides investment, trust, and
retirement solutions for individuals, families, and their
businesses. With expert advisors locally based throughout the
Northeast, PUA serves as a fiduciary for clients and is dedicated
to serving their best interests. PUA's mission is to build
investment and wealth solutions customized to clients' unique
goals, objectives, risk profiles, and time horizons.
About People's United Bank
People's United Bank, N.A.
is a subsidiary of People's United Financial, Inc., a diversified,
community-focused financial services company headquartered in the
Northeast with approximately $59
billion in assets. Founded in 1842, People's United Bank
offers commercial and retail banking through a network of over 400
retail locations in Connecticut,
New York, Massachusetts, Vermont, New
Hampshire and Maine, as
well as wealth management and insurance solutions. The company also
provides specialized commercial services to customers
nationwide.
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SOURCE People's United Bank