First Horizon Corp. has appointed Martin de Laureal to head its wealth management subsidiary and its private banking operations.
As president of First Horizon Advisors Inc., he will lead a team managing $65 billion in assets under management and administration, which offers expertise in investment management, financial planning, private banking, trust, and family office services to its clients.
He will also head up private banking across the wider company. First Horizon operates First Horizon Bank across 12 states across the southern US.
An experienced leader with five years tenure at First Horizon, de Laureal was previously president of IberiaBank Wealth Management, where he led the Iberia Wealth Advisors and Iberia Financial Services units. His career also includes 14 years at Scotia Howard Weil for 14 years, also serving on the US management and operating committees of Scotiabank; and focusing on M&A and debt and capital raises at Wachovia.
"We are thrilled to name Martin head of our wealth management business," Bryan Jordan, chairman, president, and CEO of First Horizon, said in a statement. "Martin's experience, tenure with the company and client-centric approach will be instrumental in advancing our wealth management and private banking capabilities to deepen client relationships."
The firm also recently announced that Ashley Argo has been promoted to deputy chief risk officer. She has been with First Horizon for 19 years in several areas, including accounting, credit and risk management.
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