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 SAN DIEGO, Nov. 17 /PRNewswire/ -- First Interstate Bank of California today announced a series of executive appointments that complete the management structure for the bank's retail banking, corporate and commercial banking, and trust and private banking activities in the San Diego area following its merger early next year with San Diego Trust & Savings Bank.
 The merger, which was announced Aug. 9, 1993, is pending regulatory approval.
 First Interstate Bank also announced that the administrative functions for its regional operations in San Diego County for retail and corporate banking would be relocated into the San Diego Trust & Savings Bank headquarters building located at 530 Broadway in downtown San Diego.
 Commercial Banking
 Senior Vice President John Zygowicz, who currently manages First Interstate's San Diego Commercial Banking Center, will oversee First Interstate's Metropolitan San Diego Commercial Banking Center, as well as a commercial banking satellite office in East County.
 A 24-year First Interstate Bank veteran, Zygowicz had served as a retail banking district manager in San Diego from 1984 until 1989. He was appointed to his current position in 1992.
 Zygowicz is a member of the boards of directors of the American Cancer Society, American Red Cross and Greater San Diego Chamber of Commerce. He is also a member of the San Diego State University President's Roundtable and the Chancellor's Associates for the University of California, San Diego.
 San Diego Trust First Vice President Dennis Szidak will manage First Interstate's North County Commercial Banking Center after the merger. Szidak has held a range of retail banking and commercial lending positions since joining San Diego Trust in 1971. He is a graduate of San Diego State University and the Pacific Coast School of Banking.
 John Nersesian, senior vice president in charge of San Diego Trust's retail lending, will manage the integration of San Diego Trust's small business banking portfolio into that of First Interstate.
 With San Diego Trust since 1970, Nersesian has served in a variety of retail and commercial banking and administrative positions, including head of the Personnel Department and senior vice president in charge of the Administrative Services Group.
 Nersesian graduated with honors from the Pacific Coast School of Banking and holds a B.S. degree in business administration from California State University, Fresno. He is a member of the board of directors of Junior Achievement and the Downtown YMCA.
 Zygowicz, Szidak and Nersesian will report to First Interstate Executive Vice President Henry M. Killmar who, as announced Oct. 14, is returning to San Diego to manage the newly created San Diego Commercial Banking Division.
 Commercial Real Estate
 San Diego Trust Senior Vice President Jeffrey Reed will assume responsibility for First Interstate's commercial real estate lending activities in the San Diego Area. He is currently responsible for San Diego Trust's major construction, mortgage banking and escrow departments.
 Reed, who joined San Diego Trust in 1982 as a commercial credit analyst, also has served as vice president and manager of the bank's North County Corporate Center. He will report to John L. Gray, executive vice president in charge of First Interstate's Real Estate Division.
 A graduate of San Diego State University, Reed is a member of the board of directors of the San Diego Center for Children.
 Retail Banking
 The bank also announced the appointments of three district managers for the San Diego retail banking area.
 Scott Andrews, senior vice president and district manager in First Interstate's Los Angeles retail division, will return to San Diego to serve as a retail banking district manager. A 17-year First Interstate veteran, Andrews has served in several retail and business banking positions in San Bernardino and San Diego counties. He is a graduate of San Diego State University.
 Senior Vice President Shirley Good, who currently manages First Interstate's San Diego retail banking district, will continue in her role as a district manager in San Diego County.
 Good, who joined First Interstate in 1980, previously managed the Mission Valley and Palomar Airport offices and oversaw the Rancho Valley District, which includes First Interstate's branches in North County.
 Good, who has been nominated for a position on the board of directors of the San Diego Children's Museum, has been active in Junior Achievement. She is also responsible for First Interstate's Southern Area Multicultural Officer Network.
 Kathy Parker, senior vice president responsible for San Diego Trust's six personal banking and six customer service regions, will assume new responsibilities as a district manager.
 A 25-year veteran of San Diego Trust, Parker currently oversees the bank's customer service, personal banking, branch administration, retail product management and consumer/installment lending activities.
 Parker has been a member of the board of directors of the South Bay YMCA and is a former committee member of Financial Women International.
 Andrews, Good and Parker will report to Brian H. Gowland, currently senior executive vice president and chief operating officer of San Diego Trust, who will manage the retail banking activities in First Interstate's newly created San Diego Area. Gowland's appointment was announced Oct. 14.
 Trust & Private Banking
 Jerald P. Lewis, who is senior vice president and senior financial services manager at San Diego Trust, will manage First Interstate's trust services in the San Diego area. With San Diego Trust since 1959, Lewis currently chairs its trust and investment committee, in addition to managing three trust offices.
 He will report to Vernon C. Kozlen, executive vice president and manager of Trust Administration and Operations Services for First Interstate Bank of California.
 An alumnus of San Diego State University, Lewis is past president and 16-year trustee of the San Diego City Retirement Board of Administration, vice president of the board of directors and the executive committee of the San Diego Historical Society and a director of the Girl Scouts of San Diego-Imperial County.
 John Howerton, currently vice president and manager of First Interstate Bank's San Diego Private Banking Center, will continue to oversee that office in addition to a second Private Banking Center to be located in La Jolla's Pacifica Tower, which will serve as First Interstate's headquarters for trust and private banking services in San Diego.
 Howerton, who reports to John Macon, senior vice president in charge of private banking for First Interstate Bank, previously managed the San Diego private banking office of Wells Fargo Bank.
 Howerton is a member of the board of trustees of the Scripps Foundation for Medicine and Science and a member of the Del Mar Thoroughbred Club and Rancho Santa Fe Golf Club.
 After the merger, First Interstate Bank's private banking offices in San Diego will be two of seven in California serving high net-worth individuals, family groups, proprietorships, partnerships and non-profit organizations. They offer investment management, trust and estate services, depository services and highly customized consumer and commercial loans.
 William Conrad, currently president and chief executive officer of San Diego Financial Capital Management Inc., will become chairman of San Diego Trust Securities Inc. following the merger.
 Conrad joined San Diego Trust in 1978. He has served as division head of the Trust Group and as personnel director. Before joining the bank, he was a legal specialist with the Federal Deposit Insurance Corp. in Washington, D.C.
 Conrad, a former captain in the U.S. Marine Corps, has been actively involved with the Junior Achievement Program in San Diego County for the past 10 years. He also serves on the board of directors and as a teacher of applied economics at Coronado High School.
 Founded in 1889, San Diego Trust & Savings Bank is the largest independent, state-chartered bank headquartered in San Diego County and the third-largest overall. It has 52 offices in the county.
 First Interstate Bank of California, the state's third-largest bank, has 15 branches in San Diego County and 328 branch offices in California. It is the principal subsidiary of First Interstate Bancorp (NYSE: I), the 14th-largest commercial banking company in the United States and the largest based in Southern California. First Interstate's 1,000 domestic offices in 13 western states serve individuals, small businesses, middle-market companies and selected large corporations and financial institutions. It provides quality financial products and services marketed at the local level to nearly 5 million households in over 500 western U.S. communities.
 -0- 11/17/93
 /CONTACT: Rich Wyler, First Interstate Bank, 213-614-4462; or Jackie Hill, San Diego Trust, 619-557-2379/

CO: First Interstate Bank of California; San Diego Trust & Savings Bank ST: California IN: FIN SU: PER

NY-JL -- LA030 -- 5742 11/17/93 17:40 EST
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Publication:PR Newswire
Date:Nov 17, 1993

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