Washington Trust has appointed Mark Gim executive vice president, wealth management and treasurer.

In his new role, Gim is responsible for establishing and executing strategy for Washington Trust Wealth Management, a division of The Washington Trust Company.

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Washington Trust reported wealth management revenues of US$7.5 million at 31 March, 2013, and wealth management assets under administration totaled US$4.4 billion at 31 March, 2013.

Gim has extensive experience in the financial services industry, specialising in corporate planning and treasury-related functions since 1989. He joined Washington Trust in September 1993 from Citizens Bank and most recently served as executive vice president and treasurer, with additional responsibilities for overseeing the retail banking division.

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