US banking group Tower Bancorp has named Mark Ritter as the new chief executive of Graystone Wealth Management, the division through which it offers wealth management and trust services.

Ritter, who has worked in banking and wealth for 24 years, was most recently with Metro Bank where he served as executive vice president and chief operating officer. Prior to that, he worked as the president and chief executive officer for Sterling Financial Trust Company, an affiliate of Sterling Financial Corp.

His new role will include strategic and operational leadership of the Graystone Wealth Management division. As part of the appointment Ritter has also been appointed president of 1N Bank, a division of Graystone Tower Bank.