A banking and wealth management firm has named a CIO and senior fund manager.

Cambridge Bancorp and its subsidiary, Cambridge Trust Company, have named David Lynch as chief investment officer and Damon Barglow as senior portfolio manager. 

Lynch previously worked at Athena Capital, a registered investment advisor serving high net worth families and institutions, where he served as managing partner and deputy CIO, overseeing the firm’s investment management and business activities. Prior to this, Lynch served as a portfolio manager at Colorado PERA, the state pension fund. 

Earlier, Lynch was a research associate at Eaton Vance Management in Boston and an economist at Cahners Economics.

Barglow previously worked at Rockland Trust, where, for the past five years, he was a portfolio manager assisting high net worth and institutional clients with asset allocation and portfolio management. Formerly, he was a portfolio manager for Eastern Wealth Management. Earlier in his career, he held positions in equity and credit analysis with Middleton & Company, Vector Securities and Shorebank Corporation.

Cambridge Trust Company is a 127-year-old Massachusetts chartered commercial bank with $1.9 billion in assets and 11 Massachusetts locations in Cambridge, Boston, Belmont, Concord, Lexington and Weston. Cambridge Trust Company is one of New England’s leaders in wealth management with $2.9 billion in client assets.

This publication has contacted the organizations to ask if the roles are newly-created, or involve a whole or partial replacement for those who have moved on.