ilwaukee-based Marshall & Ilsley Corp. has named a new CEO for its investment management arm. The bank said that Kenneth Krei
is the new CEO of M&I Investment Management Company
. He also takes the titles of president and chief executive of Marshall & Ilsley Trust Company. The appointments are effective on July 1.
Krei, 53, replaces Jeffrey Williams
, who will become chairman of the trust unit.
Before coming to M&I, Krei was executive vice president, investment advisers at Fifth Third Bancorp in Grand Rapids, Michigan.
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