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PrivateBancorp names private wealth regional manager

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PrivateBancorp, Inc has named Chris Carman (pictured) as Regional Manager for The PrivateBank’s Private Wealth group, overseeing the St Louis and Kansas City markets.

Carman will lead the delivery of The PrivateBank’s trust, investment management and private banking services, including working closely with the Company’s commercial banking team to introduce Private Wealth services to these clients. He joined The PrivateBank from Exegy, Inc, a St Louis-based financial technology firm, where he served as Senior Vice President for Business Development since 2007. Prior to that, Carman spent 13 years with the Investment Banking division of AG Edwards, Inc where most recently he served as a Managing Director working with clients in the technology industry.

"Chris provides clients with hands-on knowledge of transition issues for business owners and corporate executives," says Kristine Garrett, Head of Private Wealth for The PrivateBank. "His extensive advisory experience around business valuations, liquidity event planning, and due diligence will allow us to strengthen our role as a trusted advisor to our clients."

Carman earned a BSBA in finance and a bachelor’s degree in agricultural economics from the University of Missouri – Columbia, where is a member of the Department of Finance Advisory Board. He earned his MBA from the Olin School of Business at Washington University, where he is a member of the Olin Alumni Board. He also is a member of the finance and audit committee at Mary Institute and St Louis Country Day School.

"Chris has a tremendous understanding of the business dynamics in our region and, as a result, the complexities the owners and executives of middle market companies face in their personal financial management," said Robert Holmes, Head of Regional Banking for The PrivateBank. "His experience working with c-suite executives will be a tremendous asset to our clients."

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