BankBoston Continues to Strengthen Energy & Utilities Platform.BOSTON--(BUSINESS WIRE)--Dec. 22, 1998-- -- Appoints Kasselman as Managing Director -- BankBoston Tuesday announced its continued commitment to the energy & utilities business by appointing Kristine A. Kasselman as a managing director. In this capacity, she is responsible for business development, credit analysis, documentation and ongoing relationship management of the downstream portfolio of BankBoston's energy & utilities business -- one of its largest and most prominent industry specializations. Reporting to Tom O'Leary, division executive, Energy & Utilities, Kasselman also serves as downstream energy team leader. "We are very excited about the addition of Kris to our team," said O'Leary. "Her strong background in business development and broad industry experience will add to our success in the corporate and middle market arena." Kasselman's downstream energy team will specialize in lending to independent petroleum refiners, natural gas gathering and processing companies, petroleum terminalling companies, wholesale and retail distributors and marketers of petroleum products, and natural gas. Most recently, Kasselman was vice president for Union Bank of California Union Bank of California is one of the 30 largest commercial banks in the United States. It has 327 branches, the majority of which are in San Diego, Los Angeles and Orange Counties. in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , where she worked in Commercial Portfolio Administration as the senior underwriter, responsible for analysis of large corporate and upper middle market opportunities. She then joined the Insurance Industries division, where she was the senior lender responsible for business development, underwriting and relationship management of credits. From 1989 to 1994 she was vice president at Internationale Nederlanden ("ING") Capital, in Los Angeles working as the senior lender responsible for origination, evaluation, negotiation and ongoing relationship management of complex credit facilities credit facilities npl → facilidades fpl de crédito credit facilities npl → facilités fpl de paiement credit facilities . Kasselman received her M.B.A. from Northwestern, M.A. from University of Chicago and B.A. with honors from University of Virginia. BankBoston is a leading bank in the global energy sector and a specialized lender to electric power, gas, petroleum distribution, independent petroleum refining, exploration and production, and oil and gas gathering companies since the early 1900's. With industry specialists in Boston, Sao Paulo and Buenos Aires Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. , BankBoston delivers senior financing, equity capital; and, in conjunction with BancBoston Robertson Stephens, advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal for mergers, acquisitions, capital raising, asset sales and strategic partnering. BankBoston is the leading banker to the New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. investor owned gas & electric utilities. BankBoston (NYSE NYSE See: New York Stock Exchange :BKB BKB Basler Kantonalbank (Switzerland) BKB Black King Bar (gaming weapon) BKB BV Kwaliteitsverklaringen Bouw (Dutch) BKB BankBoston Corporation ), with assets of $73.8 billion and some 25,000 employees, is the nation's oldest commercial bank. BankBoston is engaged in consumer, small business, and corporate banking in New England; delivering sophisticated financial solutions to corporations and governments nationally and internationally; and full-service banking in leading Latin American markets. The Corporation's common stock is listed on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Boston stock exchanges. |
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