The Washington Trust Company has announced Ronald S. Ohsberg has been appointed executive vice president and treasurer, and Mark K.W. Gim has been named senior executive vice president, wealth management and chief strategy officer. In these new
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The Washington Trust Company has announced Ronald S. Ohsberg has been appointed executive vice president and treasurer, and Mark K.W. Gim has been named senior executive vice president, wealth management and chief strategy officer.
In these new positions, Ohsberg and Gim will serve as executive officers of both the corporation and the bank. Ohsberg, a Cranston resident, joins Washington Trust from Linear Settlement Services, where he served as executive vice president, finance for the past year. Prior to Linear, Ohsberg was employed at Citizens Bank for 12 years, leaving in 2016 as executive vice president, corporate controller and chief
accounting officer. One of his key responsibilities at Citizens was the execution of key financial matters related to Citizens Financial Group, becoming a publicly-traded company in September 2014.
In his new position at Washington Trust, Ohsberg will be responsible for the Treasury area, with oversight of balance sheet management strategies, interest rate risk management, liquidity and corporate budgeting.
Gim, a Barrington resident, has been with Washington Trust since 1993 and has headed up Washington Trust Wealth Management since 2013. Under his leadership, Washington Trust Wealth Management has increased assets under administration from $4.8 billion to a record $6.1 billion at year-end 2016. During this time, he oversaw the company’s acquisition and integration of Halsey Associates, Inc., a New Haven, Connecticut-based Registered Investment Advisor (RIA). He has added new talent, technology and a more comprehensive breadth of wealth management service offerings to enhance the client experience and position Washington Trust Wealth Management as a best-in-class wealth management service provider.
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