C. Brant Ahrens has been named chief operating officer of PrivateBancorp Inc., replacing John B. "Jay" Williams, who continues as chairman of The PrivateBank Milwaukee.
Ahrens joined The PrivateBank in October 2007 and most recently served as chief strategy and marketing officer. He will continue to oversee those departments and will add oversight of the human resources, operations and information technology groups to his responsibilities.
"Brant is one of the architects of our strategic growth plan and has a deep understanding of our business objectives," said Larry Richman, president and chief executive officer. "We are pleased that he is taking on this important leadership role as we continue to build the infrastructure necessary to support our long-term growth aspirations."
Prior to joining Chicago-based PrivateBank, Ahrens was group senior vice president and head of LaSalle Bank’s Financial Institutions Group.
Ahrens is on the board of directors of the Illinois Bankers Association and is chairman of the associates board of the Brain Research Foundation.