Regions Bank has promoted its executive Kate Randall Danella to the role of head of Private Wealth Management, a unit of the Regions Wealth Management Group.

Danella will replace Anne Copeland, who will depart from the bank to pursue executive coaching opportunities.

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Danella in her new role will spearhead a team of Private Wealth Management professionals offering banking, trust and investment management services to affluent and high-net-worth people.

She joined Regions Bank in 2015 in the role of wealth strategy and effectiveness executive. In this role, she managed the development and implementation of Regions Wealth Management Group’s business strategies.

Previously, she had a 13-year spell as vice president at Capital Group Companies.

Regions Wealth Management Group head Bill Ritter said: "Since joining Regions, Kate has worked extensively across our Wealth Management business groups and bank partners to identify new and innovative ways we can serve our clients and help them continue to build, protect and preserve their wealth.

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"Her top focus is a positive client experience – one that’s customized to meet the needs of each individual we serve – and we are pleased to have a leader of her caliber who is prepared to assume this important role. Kate’s strong background in wealth management, investment management and strategic planning will position us well to continue expanding our business throughout the markets Regions serves."