Louisiana-based Iberiabank has named Jefferson Parker as vice chairman and manager of brokerage, trust and wealth management.

Mr Parker has been affiliated with the company since 2001 when he joined the board. Until 31 January 2009, he was president of Howard Weil, a New Orleans-based equity research, investment banking and trading firm focused on the energy industry, where he served in a number of capacities for 33 years.

Iberiabank president and chief executive Daryl Byrd said: "One of our priorities for this year is to expand our investment management business. Jeff is the perfect person to lead that effort and take advantage of the tremendous opportunities available to us."

Iberiabank Corporation is a multi-bank financial holding company headquartered in Lafayette, Louisiana.  It has 162 combined offices across the US.