NEW ORLEANS, Oct. 28, 2008 (GLOBE NEWSWIRE) -- Whitney National Bank today announced the hiring of Mark Duthu as Executive Vice President, Wealth Management. Duthu will oversee the expansion of Whitney's Trust, Brokerage and Investment Management resources, and its integration within Private Banking and other offerings to affluent clients, business owners and executives. He will report to Robert C. Baird Jr., Executive Vice President of Banking Services.
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"Mark is a seasoned professional with an innate understanding of customized wealth management solutions and an outstanding track record of accomplishment at several major financial services institutions," said John C. Hope III, Whitney CEO and Chairman of the Board. "With his extensive experience in contemporary wealth management, Mark is particularly well suited to our mission of expanding our Wealth Management offerings and enabling us to deliver more integrated product and service solutions for our clients."
Duthu has 27 years' experience in the financial services industry with emphasis on marketing and sales development, client administration, strategic planning and product development. Most recently, Duthu was the Regional Managing Director of Wachovia's Trust offices in Alabama and Texas. Prior to Wachovia, he was also the Executive Vice President of SouthTrust Bank's Trust division and a Senior Vice President with Bank One's Trust and Investments division.
Duthu earned a Bachelor's degree in Marketing from the University of Southwestern Louisiana and graduated from Northwestern University's National Graduate Trust School. He has also participated in Rotary International's Group Study Exchange as an ambassador to Sweden and attended the Center for Creative Leadership's Development Program.
Whitney Holding Corporation, through its banking subsidiary Whitney National Bank, serves the five-state Gulf Coast region stretching from Houston, Texas; across southern Louisiana and the coastal region of Mississippi; to central and south Alabama; the panhandle of Florida; and the Tampa Bay metropolitan area of Florida.
The photo is also available via AP PhotoExpress.
(WTNY-G)
