Financial Services Industry People in the News

Lynn Paull has been named vice president and senior trust team manager for Milwaukee by Wells Fargo Private Bank.

She oversees the trust team and the management of estate and personal trust accounts, and also works with investment managers to develop and execute investment strategies designed to help meet client needs.

“Lynn’s dedication to meeting client needs and her extensive experience in fiduciary administration and management make her a valued addition to the Wells Fargo Private Bank team,” said James Duranceau, senior regional trust manager for Wisconsin and Michigan. “She will provide terrific leadership to our team, who work closely with clients to set up and administer estate and personal trust accounts.”

Prior to joining Wells Fargo, Paull spent 26 years at JPMorgan Private Wealth Management in a variety of positions.


National City, now a part of Pittsburgh-based PNC Financial Services Group Inc., has appointed A. James Baka senior vice president for corporate banking in Wisconsin.

Baka leads the Wisconsin corporate banking team in offering clients expertise in business financing, personal wealth management, global treasury services, capital markets, institutional asset management and international services.

Baka has 39 years of banking, financial services and corporate leadership experience, with more than 25 years in southeasten Wisconsin. His experience includes serving as senior vice president and managing director for middle market commercial, international and investment banking at Bank of America in Wisconsin and previously as senior vice president and chief financial officer for Ariens Company in Brillion. Most recently, he was the senior vice president of finance, strategic planning and corporate development at Alto Shaam in Menomonee Falls.

"Our customers will benefit from Jim’s wealth of experience in banking and his prior corporate leadership in some of Wisconsin’s top companies,” said Beth Wnuk, president of Wisconsin banking for National City. “We are committed to providing our clients with a deep understanding of their needs and offering the best credit and financial solutions.”


First Business Bank-Milwaukee announced that W. Kent Lorenz has joined its board of directors.

Lorenz is president of the Midwest region of Ellison Technologies, a provider of advanced machining and robotic automation solutions to North American metal-cutting manufacturers and their global affiliates. He also is the owner of of DKR Investors LLC.

“We’re pleased to have Kent join our board. His expertise complements that of our existing First Business Bank board of directors and builds upon the resources we offer our clients and staff.” said Dave Vetta, president and chief executive officer of First Business Bank-Milwaukee, which is part of First Business Financial Services Inc.

The board of directors of North Shore Bank has elected Jay McKenna as executive vice president and chief operating officer and Andrew Wallach III as chief financial officer of the company.

McKenna, who has been with the Brookfield-based bank since 1999, previously served as its senior vice president, chief financial officer and treasurer. Wallach, a 26-year veteran of the bank, was previously senior vice president.

The leadership transition is part of a succession plan adopted more than two years ago when the bank’s then-executive vice president, Richard Brophy, announced his intention to retire at the end of 2009, said Jim McKenna, the bank’s president and chief executive officer.

“Jay and Drew are talented bankers and business leaders who have helped guide North Shore Bank’s strength and success for many years, and they are well-prepared to assume these senior leadership roles,” Jim McKenna said.  “Our goal is a seamless, transparent and efficient transition.  Having highly qualified, committed leaders such as Drew and Jay in these roles will allow the bank to continue to do the work we’ve done so well for more than 85 years – provide the services people need to meet their financial goals; build a strong, principled business; and give back to our communities.”

Jay McKenna, 41, is the son of Jim McKenna.

“We’re glad to have Drew and Jay in these senior leadership positions at North Shore Bank,” Jim McKenna said. “Our bank, and the people and communities we serve, will continue to have an extremely bright future with these two fine bankers in the lead.”

Community Bank & Trust has promoted Toni Reed to office president at its Elkhart Lake office.

Reed has been with Community Bank & Trust for 5 years and has a total of over 18 years in the banking industry. Her most recent role was sssistant vice president of business development at the Plymouth office. 


The Equitable Bank has hired Dave Smith as its vice president – senior relationship manager, and Michelle Ward as loan serving manager.

Smith has been assisting Equitable as an outside lending consultant since October of 2009. He will continue to manage relationships with Equitable’s loan clients. With eight years in the commercial real estate development business and over 20 years of banking experience, Equitable is confident that he will be an asset to the Credit & Commercial Lending team.

Prior to joining Equitable, Ward was the Loan Operations Manager at First Bank Financial Centre and the Loan Fulfillment Team Manager at Washington Mutual Bank.

The Equitable Bank has also promoted:

  • Bill Behm to bank officer, portfolio manager;
  • Jeff Justin to bank officer, relationship manager;
  • Rachel Schwab to bank officer, marketing;
  • Tammy Smith to bank officer, processing and closing.


The Milwaukee-based CPA firm Komisar Brady & Co. LLP recently hired Matthew Engelhardt and Allison Radloff as staff accountants, Carl Rappelt in its audit department and Lori Jurgensen as executive assistant.


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