BEVERLY HILLS, Calif., April 2, 2010 (GLOBE NEWSWIRE) -- City National Bank announced today it had hired banking veteran Mark A. Nakamaru as a senior vice president and team leader in its Private Client Services Group in Beverly Hills.
(For an image of Mark Nakamaru go to: http://www.cnb.com/images/photos/Mark-Nakamaru.jpg)
In his new capacity, Nakamaru will oversee client service and retention, business development and investment management for the bank's high net worth clients.
Nakamaru reports to Gwen Miller, executive vice president and manager of the Greater Los Angeles Region for City National's Private Client Services Division.
"We are delighted to have a seasoned professional such as Mark Nakamaru join our City National Team," said Gwen Miller. "He brings with him a history of serving high net worth clients and a special talent for not only managing people, but bringing out the best in them."
Nakamaru most recently served with Comerica Bank as a senior vice president and market manager for private banking in the Southern California and Arizona region. Before that, he worked at Union Bank in Los Angeles for a decade and helped manage the consolidation of the two private banking offices at The Bank of California and Union Bank when the two organizations merged. Nakamaru started his banking career at Bank of America in Los Angeles in 1979 and worked there for nearly 13 years.
Nakamaru is a graduate of California State University at Los Angeles, where he got his B.S. degree in Business Administration. He is also a graduate of the Pacific Coast Banking School at the University of Washington in Seattle.
"During my career, I had always heard about the client-oriented service at City National and I am so pleased to join this organization," said Nakamaru. "This is a bank that is doing well. It's a financially strong institution and the reputation of this bank is very high."
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $21.1 billion in total assets, and provides banking, investment and trust services through 72 offices, including 17 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. The company and its investment affiliates manage or administer $55.1 billion in client investment assets, including more than $35 billion under direct management.
For more information about City National, visit the company's Website at cnb.com.
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