An insider has been promoted to serve as president of 1st Source Corp. in South Bend, Ind.
The $8.7 billion-asset company said in a press release that Andrea Short will remain president and CEO of 1st Source Bank. She is already a member of the company’s board.
Short succeeded Christopher Murphy III, who remains chairman and CEO.
Short “is a proven leader who believes in our mission of helping our clients achieve security, build their wealth, and realize their dreams,” Murphy said in the release. “This promotion also validates our commitment to the development of much of our future leadership from within the company.”