New California CEO named by Boston Private

LOS ANGELES - Boston Private Financial Holdings Inc. said Tuesday it has named V. Charles Jackson as chief executive of its Southern California subsidiary, First Private Bank & Trust. Jackson is replacing the subsidiary's interim CEO, James D. Dawson, the Boston-based wealth management firm said in a news release. Dawson, who is chief executive of Boston Private Financial's private banking operation, will continue to sit on the firm's board of directors. Jackson has worked extensively in the banking industry in Southern California, an area particularly hard hit by the economic slump and credit crisis, the firm noted. He has held senior executive positions with large financial institutions, community banks and wealth management firms. Jackson was CEO of Los Angeles-based Security Pacific Bancorp, which recruited him to lead a... [read full story]