First National Bank & Trust in Iron Mountain, Mich., has a new president.
The $421 million-asset bank said Russell Kassin had succeeded David Kashian, who will remain chairman and CEO until 2023.
“Our goal during this period is to make this transition to the next generation of leadership as seamless and transparent as possible for all of our stakeholders,” Kashian told the Iron Mountain Daily News.
Kassin “is an outstanding choice as my successor and the board … and I are confident in his ability to lead this outstanding and highly successful organization for many decades to come,” Kashian added.
Kassin, First National’s chief lending officer, joined the bank in 2012. He was added to the bank’s board in February.