California-Based First Private Bank Appoints New Chief Executive

Tom Burroughes

20 August 2008

First Private Bank & Trust, a Los Angeles-based affiliate of US wealth management house Boston Private Financial, said it has appointed V. Charles Jackson as its chief executive, replacing James Dawson, who held the post on an interim basis.

Mr Dawson will continue to serve on the First Private board of directors, the bank said.

“Charlie will be a strong leader for First Private as we build on the bank’s strengths while navigating the economic crisis that has hit Southern California so hard,” said Mr Dawson.

During a banking industry career spanning more than 30 years, Mr. Jackson has held senior executive positions with large financial institutions, wealth managers and community banks. Prior to joining First Private, Mr. Jackson was chief executive of Security Pacific Bancorp, based in Los Angeles.

He has also been president and chief executive of Community Bank in Pasadena, California.