Washington Trust Bancorp, Inc. and The Washington Trust Company Announce Management Changes
January 31, 2018 at 03:00 pm EST
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Washington Trust Bancorp, Inc. announced that Ronald S. Ohsberg has assumed the role of Chief Financial Officer of the corporation and the Bank, effective immediately with the previously announced retirement of David V. Devault, who served as Washington Trust's Vice Chair, Secretary and Chief Financial Officer. As Washington Trust's Senior Executive Vice President, Chief Financial Officer, and Treasurer, Mr. Ohsberg is responsible for the banks financial planning, accounting, financial reporting, asset and liability management and budgeting. In addition, it was announced that Kristen L. DiSanto, Senior Executive Vice President, Chief Human Resources Officer for the Bank, will serve as Corporate Secretary for the corporation.
Washington Trust Bancorp, Inc. is a holding company of The Washington Trust Company (the Bank). The Bank is a state-chartered bank and financial services company. The Company operates through two segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment includes commercial, residential and consumer lending activities; mortgage banking activities; deposit generation; cash management activities; banking activities, including customer support and the operation of automated teller machines (ATMs), telephone banking, internet banking and mobile banking services; as well as investment portfolio and wholesale funding activities. The Wealth Management Services segment includes investment management; holistic financial planning services; personal trust and estate services, including services as trustee, personal representative and custodian; settlement of decedentsâ estates; and institutional trust services, including custody and fiduciary services.
WASHINGTON TRUST BANCORP, INC. 
