Muraida joins Boston Private Bank & Trust as senior vice president of commercial banking

Boston, MA According to Boston Private Bank & Trust Co., Duxbury resident Richard Muraida has been appointed senior vice president of commercial banking. With more than 25 years of experience in banking and commercial real estate, Muraida will be responsible for helping to grow the bank's commercial real estate portfolio while cross-selling the bank's broad array of quality services.

Prior to joining Boston Private Bank & Trust, Muraida worked as senior vice president for Anglo Irish Bank, where he was responsible for the management of two teams of senior secured real estate lenders with assets throughout the United States. Previously, Muraida served as senior vice president/team leader, commercial real estate for Eastern Bank, where he was responsible for the management of a team based in Boston.

In 1989 Mr. Muraida graduated from the Massachusetts Institute of Technology, Center for Real Estate Development Minority Developers Executive Program. He earned both Bachelors and Masters Degrees from the Boston University School of Music. He is a member of the Urban Land Institute (ULI), the National Association of Industrial and Office Properties (NAIOP), the Real Estate Finance Association (REFA), and serves as Treasurer/Board of Directors for the Community Economic Development Assistance Corp. (CEDAC) as appointed by Governors Weld, Cellucci, Romney and Patrick.

Other important memberships include: Board of Directors, Citizens Housing and Planning Association (CHAPA); Loan Committee, Massachusetts Housing Partnership Fund (MHP).

About Boston Private Bank & Trust Company

Established in 1987, Boston Private Bank offers deposit and cash management services, residential mortgages, investment management services, and commercial banking for both individuals and businesses. The bank is a leader in residential lending, lending in all six New England states, and provides commercial banking services to many of New England's leading small and mid-size corporations. Under its Accessible Banking program, the bank is an active provider of real estate financing for affordable housing, economic development, and small businesses. Boston Private Bank's investment management emphasis is on mid to large cap equity and actively managed fixed income portfolios. For further information, visit www.bostonprivatebank.com.