January 5, 2009 (Westerly, RI). . .Washington Trust announces the promotion of Mark K. W. Gim, of Barrington, R.I., to Executive Vice President and Treasurer of The Washington Trust Company and Washington Trust Bancorp, Inc. This promotion recognizes Gim's strong performance in leading the financial planning and treasury functions, and recognizes his role in bringing a wide variety of other corporate initiatives to a successful conclusion, including mergers and acquisitions and capital markets funding. As a key member of the Bank's leadership team, he is responsible for asset/liability management, strategic planning, budgeting and profitability reporting processes, and oversight of the bank's investment and wholesale funding portfolios.
Gim has worked in the banking industry in corporate planning and treasury-related functions since 1989. He serves as President of the Community College of Rhode Island Charitable Foundation and is a member of the board of trustees of the Trinity Repertory Company. He also serves as Lecturer on the faculty of the Morin Center for Banking at the Boston University School of Law. Gim holds a Master of Arts degree from the London School of Economics, and a Bachelor of Arts degree from Brown University.
The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., a $2.8 billion corporation headquartered in Westerly, Rhode Island. Founded in 1800, Washington Trust is the oldest community bank in the nation and is the largest independent bank headquartered in Rhode Island. A state-chartered bank, Washington Trust offers a full range of financial services, including business banking, personal banking, and wealth management and trust services, through its offices located in Rhode Island, southeastern Connecticut and Massachusetts. The Corporation's common stock trades on The NASDAQ Stock Market under the symbol WASH. Web site address: www.washtrust.com.Corporation's common stock trades on The NASDAQ Stock Market under the symbol WASH. Web site address: www.washtrust.com.