Financial Services Industry People in the News

First Business Bank – Milwaukee recently hired Melissa Jarmuz as client services representative and Karin Lawton administrative associate. First Business Bank – Milwaukee is a part of First Business Financial Services, Inc.

Securant Bank & Trust recently hired Sonja Johnson as the trust operations officer and Michael Karbouski as Vice President, Financial Consultant. Both will work from the bank’s Milwaukee office.

PrivateBank-Wisconsin names new leadership team
PrivateBancorp Inc. has promoted three prominent Milwaukee banking veterans to lead The PrivateBank-Wisconsin.

Mark Lemke is named vice chairman and chief executive officer of The PrivateBank-Wisconsin. Additionally, Thomas Tuttle Jr. is named president and chief operating officer, and Roger Pillsbury is named vice chair.

Lemke replaces John "Jay" Williams, who remains chairman of the board of directors for The PrivateBank-Wisconsin and is chief operating officer for Chicago-based PrivateBancorp Inc.

Tuttle and Pillsbury are moving into newly created positions.

"Mark, Tom and Roger know the Milwaukee market extremely well and are ideally suited to lead our Wisconsin bank as we move toward our vision to be the bank of choice for middle market commercial and commercial real estate companies, as well as deliver exceptional service to business owners, entrepreneurs, executives and wealthy families," said Larry Richman, president and CEO of PrivateBancorp Inc.

Lemke was a managing director of The PrivateBank-Wisconsin and joined the bank upon its founding in 2004 to assist with the expansion into the Milwaukee market. Lemke previously was a senior vice president at U.S. Bank Milwaukee.

Tuttle has more than 17 years of experience advising clients. Along with Lemke and Williams, Tuttle helped established The PrivateBank-Wisconsin. He previously served as vice president and director of wealth management at Marshall & Ilsley Trust Co., Milwaukee.

Pillsbury joined The PrivateBank-Wisconsin in December and has more than 27 years of experience meeting the lending needs of Wisconsin clients, particularly middle-market companies. Pillsbury previously was senior vice president and director of LaSalle Bank’s central region headquartered in Milwaukee.

"The Wisconsin market has always presented strong growth opportunities for The PrivateBank," Williams said. "As we continue to enhance the services we deliver to middle-market companies in particular, having a leadership team with the strength and depth that Mark, Tom and Roger bring will provide tremendous value to our clients."

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