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US bank names new west region president for its private client reserve

Minneapolis based US Bank has appointed Mary Martuscelli as west region president for its Private Client Reserve business, to oversee all functions of the business in Washington, Oregon, California, Arizona, Nevada, Utah and Colorado.

Reporting to Michael Boardman president of the private client reserve, Martuscelli will be based in US Bank’s Phoenix office.

Boardman said, "Mary has the level of leadership, experience and passion that we need to lead our team of wealth management professionals in the west region."

Martuscelli has spent more than 33 years with JP Morgan Chase and also worked as Arizona president for JPM since 2007, while most recently served as managing director of private banking for JPM’s Desert Mountain states.

Before accepting the aforesaid roles, Martuscelli worked as the president and chief executive officer of the specialized industries segment of JPM’s Commercial Bank.

Additionally, she has also worked in management roles in human resources, strategic planning, and corporate, middle market and small business banking with JPM.

The Private Client Reserve of US Bank offers complete wealth management services for high-net-worth individuals, families and foundations with investable assets of more than $1m.

US Bank manages 3,080 banking offices in 25 states and 5,085 ATMs and offers a range of banking, investment, mortgage, trust and payment services and products to consumers, businesses and institutions in the country.