Bank of the West Hires Trust Services Leader as Chief Fiduciary Officer

SAN FRANCISCO, May 16, 2012 /PRNewswire/ -- Bank of the West announced today that trust executive Scott Cripps has joined its Wealth Management Group as chief fiduciary officer.  Cripps brings a depth of experience across a range of areas, having held senior leadership and advisory roles in trust, tax and estate planning.

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In this role, Cripps is responsible for overseeing the group's fiduciary responsibilities to the affluent and high net worth clients that it serves.  The addition of Cripps to the team comes as part of the group's overall efforts to augment its personal trust and estate planning expertise as it prepares for continued growth and expansion.

"We are a valued advisor to affluent and high net worth individuals and families across the United States, and personal trust services have long been the cornerstone of our relationship with clients," said John Bahnken, head of Wealth Management Group and senior executive vice president.  "With our clients' personal trust needs growing more complex, we are pleased to have a professional with Scott's experience to guide our efforts."

Cripps brings experience from his previous roles in the wealth management banking and brokerage industries, while also having worked on tax and succession advisory services in the accounting field.  Cripps is an attorney by training and has practiced in the areas of tax and estate planning.  His past positions include serving as Chief Fiduciary Officer for Citizens Bank's wealth management business as well as holding senior trust, tax and estate planning advisory roles at Charles Schwab & Co., Grant Thornton and The Private Trust Company.

Bank of the West Wealth Management provides wealth planning consulting, investment management*, personal banking, and trust services.  The group is part of BNP Paribas' global wealth management business of more than 6,000 professionals in 30 countries worldwide with nearly $10 billion** in assets under management in the United States and $322 billion (euro 245 billion) in assets under management globally as of December 31, 2011.

About Bank of the West:

Founded in 1874, $62.4 billion-asset Bank of the West (www.bankofthewest.com), member FDIC and equal housing lender, offers a full range of personal, commercial, wealth management and international banking services. The bank operates more than 700 retail and commercial banking locations in 19 Western and Midwestern states. Bank of the West is a subsidiary of BNP Paribas, which has a presence in 80 countries with nearly 200,000 employees.

*Investments and variable annuities are offered through BancWest Investment Services, Inc., a registered broker/dealer, Member FINRA/SIPC.  Financial Advisors and Private Client Advisors are registered representatives of BancWest Investment Services, Inc.  Fixed annuities/insurance products are offered through BancWest Insurance Agency in California (License # 0C52321) and through BancWest Insurance Agency in Utah, and through BancWest Investment Services in AZ, CO, IA, ID, KS, MN, MO, ND, NE, NM, NV, OK, OR, SD, WA, WI, WY

Bank of the West Wealth Management provides financial products and services through Bank of the West and its various affiliates and subsidiaries.  Neither BancWest Investment Services, Inc., nor Bank of the West offers tax, accounting, regulatory or legal advice to clients.

BancWest Investment Services, Inc., is a wholly owned subsidiary of Bank of the West. BancWest Corporation is the holding company for Bank of the West.  BancWest Corporation is a wholly owned subsidiary of BNP Paribas. 

Investment, Annuity, and Insurance products are:

NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE • NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

** Including assets under supervision at BancWest Investment Services

SOURCE Bank of the West

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