WYOMISSING, Pa., June 25 /PRNewswire-FirstCall/ -- Sovereign Bank today
announced that Michael J. Curran has been named executive vice president
and managing director of the Global Solutions Group. Curran will oversee
five business units serving business and institutional clients: Cash
Management, International Trade Banking, Government Banking, Financial
Institutions and Strategic Alliances (Sovereign Merchant, Payroll and
Health Savings Accounts Services).
Prior to joining Sovereign, Curran served as executive vice president
and managing director of Bank of America's Global Treasury Services where
he was responsible for global corporate banking sales. His unit had offices
across the United States as well as in Canada, Europe, Latin America and
Asia.
A banking veteran, Curran brings 20 years experience in cash
management, treasury, structured finance and trade services to his new role
at Sovereign. Previously he held a variety of senior management roles at
FleetBoston Financial Corporation, where he managed the bank's
International, Cash Management, Corporate Trust and Financial Institutions
business units.
Before joining Fleet, Curran served as business unit manager of
Structured Finance at Chemical Bank. He also held a number of management
positions at Manufacturer's Hanover Trust Co., including: managing director
of GeoServe, department head of European Treasury Consulting and team
leader with the Multi-National Banking Group.
A graduate of Colgate University in Hamilton, New York, Curran holds a
bachelor's degree in International Affairs and French. He also attended the
Harvard Business School Program for Management Development.
He resides in Simsbury, Conn., with his wife and four children.
About Sovereign
Sovereign Bancorp, Inc., ("Sovereign") (NYSE: SOV), is the parent
company of Sovereign Bank, a financial institution with $82 billion in
assets as of March 31, 2007. Headquartered in Wyomissing, Pa. with
principal markets in the northeast United States, Sovereign has nearly 785
community banking offices, more than 2,300 ATMs and approximately 12,000
team members. Sovereign offers a broad array of financial services and
products including retail banking, business and corporate banking, cash
management, capital markets, wealth management and insurance. Sovereign is
the 18th largest banking institution in the United States. For more
information on Sovereign Bank, visit http://www.sovereignbank.com or call
1-877-SOV-BANK.
Sovereign Bank is a registered trademark of Sovereign Bank or its
affiliates or subsidiaries in the United States and other countries.
SOURCE Sovereign Bank
 back to top
Related links:
http://www.sovereignbank.com/
CONTACT:
Ed Shultz of Sovereign Bank, +1-610-378-6159,
Cell: +1-610-207-8753, eshultz1@sovereignbank.com
|
