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Who's Moving Where In Wealth Management? - Glenmede, Bank Leumi
Editorial Staff
28 August 2019
Glenmede
Glenmede, the Philadelphia-based wealth management firm, has elected Arlene M Yocum to join its board of directors, taking the number to 14.
Yocum has decades of experience in financial and legal services and brings a fiduciary background to Glenmede’s board. Most recently, she served as executive vice president in PNC Bank’s Asset Management Group, from which she retired in 2017 following a 27-year career at the firm. Prior to PNC Bank, Ms Yocum was legal counsel for Fidelity Bank and in private practice with the law firm Blank Rome LLP.
Additionally, Yocum serves as a director on the boards of AK Steel Holding Corporation and the Community College of Philadelphia Foundation. She previously held board positions with Key Energy Services, Protection One Alarm Monitoring and Integrated Alarm Services Group.
Bank Leumi
Bank Leumi, the Israel-based banking group with subsidiaries in countries including the US and UK, has appointed Hanan Friedman as its new president and chief executive. Friedman takes over from Rakefet Russak Aminoach, who had served in the roles since May 2012.
Leumi’s lines of business include private banking, such as in the US.
Friedman joined Leumi more than five years ago, first serving as Leumi's chief legal counsel, and later as head of the strategy, innovation, and transformation division. He led several programs at the bank such as the introduction of strategic partners into Bank Leumi USA, the sale of Leumi Card and the sale of Leumi Romania.
Ms Rakefet Russak Aminoach said in June that she intended to end of her tenure at Bank Leumi.