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STERLING BANCSHARES CORPORATION ELECTS JOHN C. WARREN CHAIRMAN OF THE BOARD

 WALTHAM, Mass., April 1 /PRNewswire/ -- Sterling Bancshares Corporation (NASDAQ: STLG), holding company for Sterling Bank has elected John C. Warren, 47, to the position of chairman of the board.
 Warren has been president and chief executive officer of the corporation since April, 1990 and a director of the corporation since October, 1988. In addition, he serves as chairman of the board, chief executive officer and president of Sterling Bank. Before joining Sterling Bank in September of 1988, Warren was with Shawmut National Corporation and most recently held the position of senior vice president.
 Warren is a member of the Government Affairs Steering Committee of the Savings and Community Banks of America. He is a member of the board of the Waltham YMCA and the board of the Algonquin Council, Boy Scouts of America and is chairman of its Investment Advisory Committee. He is a member of the board of directors of the Massachusetts Housing Investment Corporation and is active in many other non-profit organizations.
 He is a graduate of Yale College and completed the program for management development at the Harvard Business School. He is a resident of Wayland, Mass.
 Sterling Bancshares Corporation, has assets of $960 million and its subsidiary Sterling Bank offers a comprehensive line of business and personal banking services at its 13 offices located in nine cities and towns in Middlesex County.
 -0- 4/1/93
 /CONTACT: Karen A. Wharton, vice president of investor relations of Sterling Bancshares Corporation, 617-894-7790/
 (STLG)


CO: Sterling Bancshares Corporation ST: Massachusetts IN: FIN SU: PER

CH -- NE005 -- 1989 04/01/93 11:23 EST
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Publication:PR Newswire
Date:Apr 1, 1993
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