10:05 AM
Timothy Watson Joins Whitney as Director of Corporate Treasury
Robert Timothy "Tim" Watson has joined New Orleans-based Whitney National Bank as SVP and Director of Corporate Treasury. Reporting directly to Whitney's Senior EVP and CFO Thomas L. Callicutt, Jr. Watson has responsibility for management of all of the bank's corporate treasury functions, including an approximately $2 billion investment securities portfolio, wholesale funding, liquidity management, investment accounting and interest rate risk simulation and management.
Watson most recently served as SVP and Treasurer of BankAtlantic (Fort Lauderdale). While at BankAtlantic, he was chairman of the bank's Asset / Liability Committee (ALCO) and the 401(k) Committee. Prior to BankAtlantic, Watson was a Managing Director at JP Morgan Chase and predecessor companies including as Bank One, First National Bank of Chicago and National Bank of Detroit. His background in corporate treasury at those companies includes co-managing a $45 billion fixed-income portfolio, working as a foreign exchange trader, underwriting municipal bonds, co-managing a non-U.S. dollar sovereign debt portfolio and heading a due diligence team for potential acquisitions.
"Tim's comprehensive understanding of financial markets and knowledge of bank treasury functions brings additional depth to our already experienced corporate treasury team," said CFO Callicutt, in a statement. "Tim has demonstrated strong leadership in his previous roles, and we look forward to his significant contributions toward achieving Whitney's long-term strategic objectives." Watson stated, "I share the same principles that have made Whitney successful for over 125 years " paying close attention to the dynamics of the markets, maintaining a strong net interest margin and adhering to strict risk management guidelines."
Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio