PrivateBancorp Inc. has announced that Patrick McQueen will take over as chairman and CEO of The PrivateBank-Michigan.


McQueen will replace David Provost, who resigned March 7 to pursue other interests. McQueen has been with PrivateBank-Michigan since 1999 and previously served as president and chief operating officer.


“Pat's accomplishments at the Bank coupled with his combination of leadership and experience will allow The PrivateBank-Michigan to continue to grow while maintaining our commitment to high quality, consistent client service,” said Larry Richman, president and CEO of PrivateBancorp Inc. “I look forward to working with Pat and our growing Michigan team to deliver The PrivateBank's unique, client focused model of relationship banking for the benefit of our clients and the greater metropolitan Detroit community.”


“I am honored to be named chairman and CEO of The PrivateBank-Michigan,” McQueen said. “I am looking forward to working with Larry, PrivateBancorp Chairman Ralph Mandell and the entire management team to grow The Private Bank-Michigan.”


“We regret David's departure, but respect his decision and wish him the best in his future endeavors,” said Mandell. “We anticipate a seamless transition, given Pat's proven leadership capabilities and deep relationships with The PrivateBank-Michigan's bankers and clients.”

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