Clayton Deutsch will continue as chief executive while Mark Thompson has been appointed as president and will continue to serve as CEO of Boston Private Bank.

Deutsch and Thompson are now the two Boston Private executives serving as board members, along with seven independent directors and a non-executive chair.

The pair will lead the development and expansion of Boston Private’s integrated wealth management, trust and private banking model across “multiple geographic markets,” the firm said.

Meanwhile, David Kaye has been appointed as chief administrative officer – and will continue as chief financial officer and treasurer – while Corey Griffin becomes CEO of Boston Private Investment Management.

Boston Private Bank has also realigned its leadership team. Working with Thompson will be:

• Peter Raimondi, CEO of Boston Private Wealth, who joined in 2014 via the acquisition of Banyan Partners.
• George Schwartz, who has been appointed as president of Boston Private Bank and will lead its private clients businesses.  
• James Brown, who will continue as executive vice president and director of Boston Private Bank’s commercial banking business and has been appointed to the board of Boston Private Bank.
• Anne Randall, who will serve as Boston Private Bank’s chief operating officer and continue as CFO.
• Jacqueline Shoback, who, as reported here last week, will serve as chief client development officer.