City National Bank Names Verna Grayce Chao Head of Treasury Services
Royal Bank Of Canada (RY)
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Source: GlobeNewswire
LOS ANGELES, March 21, 2019 (GLOBE NEWSWIRE) -- City National Bank, America’s Premier Private and Business Bank®, today announced the promotion of Verna Grayce Chao to executive vice president and head of the bank’s Treasury Services division. Chao has served as general manager of the bank holding company’s Datafaction subsidiary for the past two years. She will succeed James Daley, who is retiring from the bank after more than a decade. In her new role, Chao will oversee a department of more than 200 colleagues, taking responsibility for City National’s commercial deposit products and continuing to oversee Datafaction. She will join the bank’s Executive Committee and report to President Chris Warmuth. “Verna Grayce is a highly skilled executive who has built a strong track record of success here at City National,” Warmuth said. “In addition to assembling an outstanding team, she spearheaded the development of a premier financial solution that seamlessly integrates accounting, bil
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