LOS ANGELES – City National Bank, America’s Premier Private and Business Bank®, today announced the appointment of Jared Wolff to serve as its executive vice president, general counsel and corporate secretary. Wolff will succeed Mike Cahill, who retired from the bank on April 30.
Wolff joined City National in January of this year as senior vice president and deputy general counsel.
In his new capacity, he will join the company’s Executive Committee and oversee the Legal and Corporate Administrative Group, which consists of legal and corporate governance, community reinvestment, corporate premises and corporate security. Wolff will report to City National Bank Chairman and CEO Russell Goldsmith.
“Jared brings to City National a track record of very effective leadership and a wealth of legal, business and banking experience,” Goldsmith said. “He will oversee an outstanding legal and corporate administrative team that supports our company’s growth and dedication to helping our clients on the way up.”
Wolff has extensive experience in the financial services industry, both as a general counsel and as a line executive. From 2002 to 2014, he was at PacWest Bancorp and Pacific Western Bank, where he served as executive vice president, general counsel and corporate secretary of the holding company and as a director and president of the bank.
During his tenure at PacWest, Wolff managed line and staff functions, oversaw the execution of significant bank and finance company acquisitions and had oversight responsibility for corporate governance, risk management, compliance and internal audit, among other areas.
Immediately prior to joining City National, Wolff was co-managing partner of a Los Angeles-based specialty real estate firm focused on the acquisition and development of urban properties in the United States.
“City National enjoys an outstanding reputation for integrity and excellence because of how we treat our clients,” Wolff said. “Our growth is a direct result of our values and the tremendous talent of our colleagues. I am grateful to be part of such a wonderful organization and look forward to working with my colleagues in support of City National’s continuing growth and success.”
Wolff graduated from Duke University and received his master’s degree from Middlebury College. He earned his law degree at the University of Michigan and is admitted to practice law in both California and New York.
For an image of Wolff, go to: http://www.cnb.com/content/dam/cnbcom/publishingimages/Jared-Wolff.jpg
About City National Bank
With $48.7 billion in assets, City National Bank provides banking, investment and trust services through 72 offices, including 19 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Minneapolis and Washington, D.C. In addition, the company and its investment affiliates manage or administer $64.9 billion in client investment assets.
City National is a subsidiary of Royal Bank of Canada (RBC), one of North America’s leading diversified financial services companies. RBC serves more than 16 million personal, business, public sector and institutional clients through offices in Canada, the United States and 34 other countries.
For more information about City National, visit the company’s website at cnb.com.