Hancock has named Miles Milton as new chief wealth management officer replacing Clifton (Clif) J. Saik, who is set to retire later this year.
Saik has most recently served as EVP and chief wealth banking officer after joining Hancock in 1998.
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Milton joined the company in 2014 as the director of private banking. His new responsibilities will include private banking, trust and Hancock Investment Services. Saik will assist in the transition until his retirement.
"We wish Clif the best as he transitions into retirement, and we thank him for his dedication and service to the company for almost two decades," said John M. Hairston, President and CEO.
In addition to the changes in wealth banking, the company is also announcing the appointment of Joseph S. Schwertz, Jr. as chief risk officer.
Schwertz joined Hancock in early 2015 having previously served as Whitney Holding Corporation’s General Counsel and Corporate Secretary for approximately 20 years. Schwertz is assuming the role from Michael K. Dickerson who has been named Subsidiary Business Lines Executive.
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By GlobalDataIn this newly created role, Dickerson will have responsibility for credit services, wholesale products & services, consumer lending, wealth management and analytics.
