City National Appoints David Acosta as Entertainment Team Leader


LOS ANGELES, Jan. 17, 2012 (GLOBE NEWSWIRE) -- City National Bank, California's Premier Private and Business Bank®, today announced that David Acosta has joined the Entertainment team in Beverly Hills as a senior vice president and team leader for entertainment, and will specialize in serving the entertainment, media and sports industries.

Acosta joins an experienced team of Entertainment finance bankers, including seasoned veteran Norman Starr, a senior vice president and senior relationship manager, as well as senior relationship managers Judy Tu and Crockett Woodruff. He will report to team manager Dan Zbojniewicz, and focus on film and television production lending as well as sports financing.

Acosta, who has more than a decade of experience in banking, has most recently served as senior vice president for City National in New York. He joined City National in 2010 from Israel Discount Bank of New York, where he was a senior vice president and head of the entertainment, sports and syndicated finance group and head of mid-corporate banking. There, he led a team of bankers who managed relationships with sports and entertainment companies.

"He brings with him extensive experience serving the needs of entertainment, media and sports companies and is already well-known and respected in the Entertainment finance community," said Zbojniewicz. "David is a strong addition to our team and we look forward to his contribution to the group's continued success and growth."

A native New Yorker, Acosta earned a Bachelor of Arts degree in philosophy from Columbia University in New York.   

(For an image of Acosta go http://thewayup.cnb.com/images/photos/david-acosta.jpg)

About City National

City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $23.1 billion in total assets, and provides banking, investment and trust services through 79 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Tenn., and Atlanta. The company and its investment affiliates manage or administer $55.6 billion in client investment assets, including nearly $34 billion under direct management.

For more information about City National, visit the company's Website at cnb.com.

The City National Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3143



            

Contact Data