October 27, 2009 (FinancialWire) — PrivateBancorp, Inc. (NASDAQ: PVTB) has named C. Brant Ahrens as its chief operating officer. Ahrens replaces John B. Williams, who continues as chairman of The PrivateBank Milwaukee.

Ahrens joined The PrivateBank in October 2007 and most recently served as chief strategy and marketing officer. He will continue to oversee those departments and will add oversight of the human resources, operations and information technology groups to his responsibilities.

Prior to joining The PrivateBank, Ahrens was group SVP and head of LaSalle Bank’s financial institutions group.

Chicago-based PrivateBancorp is a financial services company with 34 offices in 10 states and $12.1 billion in posted assets as of September 30.

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