First Republic Trust Company, part of First Republic Private Wealth Management, has a new leader.

First Republic Bank has promoted Kelly Johnston to president, taking over from Michael Harrington, who has been appointed as chairman.

Johnston, who has more than 20 years of trust and wealth management experience, joined First Republic Trust Company in 2013, and previously served as deputy manager.

Harrington, who has served as president of First Republic Trust Company for the past nine years, will maintain a leadership role in the trust company, First Republic said.

As reported by this publication yesterday, this week First Republic Bank appointed its former president, Katherine August-deWilde, as vice chair of the board of directors – a new role at the company. The firm confirmed that it has not named a successor to the president role.