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Webster Private Bank Promotes Senior Fiduciary Services Officer

Eliane Chavagnon

29 April 2014

Webster Private Bank has promoted Paul McAfee to senior vice president and senior fiduciary services officer, based in Hartford, CT, and covering the Northern Connecticut and Western Massachusetts markets.

McAfee has over 30 years of banking and fiduciary experience; prior to joining Webster in 2010 as trust officer, he held senior vice president posts at UBS Financial Advisor and US Trust.

2014 has so far been a busy year for Webster Private Bank, having made a number of promotions and hires. In January, the firm named Peter Gabriel as senior vice president and director of relationship management, based in Stamford, CT. Earlier this month it appointed a new senior vice president and director of private bank lending - also in Stamford - while also promoting Eamonn Bransfield, who joined the firm in 2010, to vice president and portfolio manager.

In September 2013, Webster Private Bank’s chief investment strategist, Yves Cochez, said that the firm is putting plans into action for a revamp of Webster’s investment offering, as well as its global presence. Cochez said he wants to bring more than “an international perspective on things” and is revamping Webster’s investment offering by assessing the bank’s product platform to make sure clients have access to the best talent in each asset class.

Webster Private Bank is a division of Webster Bank and provides banking and lending, investment management, fiduciary, and planning advisory services to individuals, families, and charitable entities with at least $1 million in investable assets.