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THE BANK OF CALIFORNIA RESTRUCTURES TRUST UNIT, REASSIGNS JENNETTE TO LOS ANGELES

 THE BANK OF CALIFORNIA RESTRUCTURES TRUST UNIT,
 REASSIGNS JENNETTE TO LOS ANGELES
 SAN FRANCISCO, Jan. 22 /PRNewswire/ -- As part of a significant restructuring of its banking operations, The Bank of California has reorganized its trust unit and named Walton C. Jennette, Jr., to head the new Los Angeles Region as senior vice president. Jennette previously worked in the bank's trust unit in San Francisco. Jennette is now responsible for the oversight of all trust activities in the Greater Los Angeles area.
 "The reorganization of the trust unit at the bank has resulted in a better market focus for the bank. In San Francisco, business trust officers from all over the West Coast reported to me. Now, senior managers have been strategically positioned in each of our major marketplaces, which means that each of us can focus our efforts on the unique needs of our own respective markets," Jennette said. Seven other senior managers were named to similar posts in the bank's market areas, which lie in California, Washington and Oregon.
 Jennette joined the bank in 1987 as a senior vice president for Business Trust Services. In that position, Jennette was responsible for the management of Corporate Trust, Employee Benefits, and the bank's acquisition of Stonewall Pension Service.
 Prior to joining the bank, Jennette was group vice president of Employee Benefit Trust for First National Bank of Atlanta. From 1975 to 1986, he served in various sales and management positions in North Carolina and Florida for two banks that are now units of First Union National Bank.
 Jennette earned his undergraduate degree from Elon College in Elon College, N.C., in 1966. Two years later, he received a Master of Arts degree from Appalachian State University in Boone, N.C. In 1973, he earned his Juris Doctor degree at Wake Forest University in Winston- Salem, N.C. Jennette also attended the Stonier Graduate School of Banking at Rutgers University in New Brunswick, N.J., in 1983.
 He and his wife, Patricia, and daughter will relocate to the Los Angeles area in mid-1992.
 The Bank of California, the first incorporated banking institution in the West, is the state's sixth largest bank with $8.4 billion in assets. It operates 52 banking offices in California, Washington and Oregon, and 18 international offices.
 -0- 1/22/92
 /CONTACT: John C. Kaufman of The Bank of California, 415-765-2628/ CO: The Bank of California ST: California IN: FIN SU: PER


DG -- SF004 -- 2333 01/22/92 13:01 EST
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Publication:PR Newswire
Date:Jan 22, 1992
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