True Agency has promoted Valencia Gayles to president. Also, Perry Fair has rejoined the agency as executive creative director. Gayles previously served as chief operating officer of the agency. Fair was previously lead creative at Element79 Partners in Chicago.

Culver City-based Rachlin Architects has hired Peter Sun as project manager. Sun previously served as senior designer at Urban Studio.

Banking & Finance
Guy Candido was named executive vice president of Financial & Public Institutions at Bank of the West. Candido had previously served as senior vice president and Western division manager of Wells Fargo's treasury management sales department.

Indymac Bank, a Pasadena-based savings and loan, has announced the promotion of Jason Sharp to vice president, human resources division. Sharp had served as assistant vice president at corporate headquarters.

Charles J. Larsen has been chosen as chief financial officer, chief operating officer, chief consultant and senior vice president of Financial Management Advisors LLC. Larsen previously was senior vice president of operations and business development at Tower Asset Management in Beverly Hills.

Heinz Jaeggi and Stefan Lendi have been appointed director and private banker of Deutsche Bank Private Wealth Management's Los Angeles office. Both Jaeggi and Lendi previously served as executive directors at UBS Wealth
Management of Los Angeles.

Kevin McCarthy has been named chief executive of PFF Bancorp Inc. McCarthy maintains the position of president of the company.

Credit Suisse's Los Angeles office has hired David Berman and Dean Decker as managing directors. Sung Chun and Jonathan Rein were hired as directors. Both Berman and Decker previously served as co-head of the gaming, lodging and leisure group at CIBC World Markets. Chun was formerly an executive director at CIBC and Rein served as a director at CIBC.

Melissa M. Hatef has been named vice president and portfolio manager of Morlin Asset Management LP's Southern California region. Hatef was previously assistant vice president of leasing and brokerage services at Union Bank.

Perry Moreth was named head of the trade bank in Los Angeles for Wells Fargo's international finance arm. Moreth recently served as vice president and senior relationship manager at the Wells Fargo's San Gabriel Valley regional commercial banking office.

W.Y. Campbell & Co., an investment-banking firm of Comerica Inc., has promoted Carl P. Genberg to director in the firm's Los Angeles office. Genberg recently served as vice president for the bank.

Arcadis, a consultancy and engineering company, has hired Shenping Chou as principal structural engineer for the transportation business practice of the Los Angeles office. Chou previously was structure section manager at HDR Engineering in Orange County.


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