LOS ANGELES, Dec. 16, 2008 (GLOBE NEWSWIRE) - City National Bank today announced that G. Michael Dowling has joined the company as senior vice president and manager for its personal trust division.
Dowling will oversee all personal trust division activities at City National, including all account administration for trust clients in Los Angeles, San Francisco, Orange County, San Diego and Las Vegas.
(For an image of Dowling, go to: http://www.cnb.com/images/photos/mike-dowling.jpg).
"We are very excited that Mike has joined us," said Richard Weiss, chief investment officer for City National Bank. "He comes with an extensive background in the personal trust arena, including a proven ability to foster and manage growth. There is no question that City National can become the premier provider of personal trust services in our footprint and Mike Dowling is best suited to get us there."
Dowling brings to the company nearly 30 years of banking experience.
"This was a chance to join an outstanding management team," said Dowling. "What attracted me to City National was the commitment to client service. Here, it's all about the client."
For the past six years, he has served as a division trust executive at U.S. Trust, Bank of America Private Wealth Management in San Francisco. In addition to overall leadership and management of fiduciary services for a six-state region, he oversaw 72 associates and approximately $24 billion in accounts under management.
From 2000 to 2003, Dowling served as a senior vice president, national trust services executive for Bank of America in Dallas, Texas, where he managed four trust centers located in Atlanta, Dallas, Los Angeles and Seattle. From 1996 through 2000 he worked for Nationsbank as a senior vice president and regional market executive. Before that, Dowling worked for various banks in Arkansas.
Dowling is a native of Little Rock, Arkansas. He earned his bachelor's degree from the University of Arkansas and also graduated from the U.S. Naval Officer Candidate School. He was a commissioned officer in the U.S. Navy in the early 1970s.
Dowling currently serves as treasurer for the San Francisco General Hospital Foundation, is a board member of The Family House, San Francisco Beautiful and the San Francisco Maritime National Park Assn. He will be relocating to Los Angeles. He is married to Elizabeth Dowling and has one daughter. His hobbies include photography and golf.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $16.3 billion in total assets, and provides banking, investment and trust services through 62 offices, including 15 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City.
The company and its eight majority-owned investment affiliates manage or administer nearly $52.4 billion in client investment assets, including $33 billion under direct management.
For more information about City National, visit the company's Web site at cnb.com.
The City National Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3143
CONTACT: City National Bank