First Midwest Bank names new head of private banking

ITASCA -- First Midwest Bank announced Paul W. Hoefert has joined the bank as senior vice president and head of private banking.

Hoefert will oversee an area serving the personal needs of high net worth clients.

"Paul is an excellent addition to our First Midwest Bank family," said Mark G. Sander, First Midwest Bank's president. "Through his sales leadership skills and extensive experience, we expect to deliver tailored products to our Private Banking clients with our award winning customer service levels."

Hoefert brings 37 years of banking and wealth management experience. Most recently, he served as chief administrative officer in Northern Trust Company's Wealth Management division, where he managed client services and client support services while leading 200 colleagues.

Hoefert holds a bachelor's degree in finance from Miami University, Oxford, Ohio, and an MBA from DePaul University, Kellstadt Graduate School of Business in Chicago. He is also an acting board member or volunteer for several professional and non-profit organizations throughout Chicago and Cook County.