Wilmington Trust has promoted Matthew Panarese to president of the Mid-Atlantic Region. He oversees wealth management services including regional sales, fiduciary, and client management teams in Pennsylvania, Southern New Jersey, Delaware, Maryland, Virginia, and Washington, DC.
Additionally, Panarese has been appointed head of the firm’s Business Owners National Practice Group.
Panarese joined Wilmington Trust in 2008 with considerable tenure in the financial services industry, specializing in wealth management, and corporate and investment banking.
“Matt is well-deserving of this promotion to president of our Mid-Atlantic Region,” says Larry Gore, head of US Markets for Wilmington Trust’s Wealth Advisory division. “The Mid-Atlantic is a core market for Wilmington Trust. As the demand for our wealth management services continues to grow in the market, we know that Matt’s deep experience and proven leadership in the wealth service industry will be put to good use.”
Panarese received a bachelor’s degree in American Studies from the University of Pennsylvania. He is a member of the Philadelphia Estate Planning Council and the Main Line Chamber, and is active with Bryn Mawr Rehab Hospital.
