Sanwa Picks Chief for New Division
* Becky C. Shelton has been named an executive vice president and head of the new wealth management division at Los Angeles-based Sanwa Bank California. Her appointment is part of ongoing personnel changes that began in January, when Sanwa announced a bankwide management reorganization that included the formation of the wealth management division. At that time, Sanwa created two distinct business units: a retail bank and a commercial bank. Wealth management falls under the retail banking category.
Shelton, 47, previously served in senior trust and private banking positions with US Bank in Denver and with Union Bank, First Interstate and Security Pacific banks in Los Angeles.
Sanwa, a subsidiary of Japan-based Sanwa Bank, also promoted wealth management division chief investment officer Richard Weiss to executive vice president.
* Dorian Langdon has been promoted to president of HIT Entertainment USA, the Beverly Hills-based unit of HIT Entertainment, a London-based producer and distributor of children’s and natural history programming. Langdon will oversee the company’s local acquisitions, development and new-media business.
* Lowe Enterprises Inc., a Los Angeles-based real estate development, investment and management firm, named Robert J. Lowe Jr. senior vice president of Destination Development Corp., the firm’s hospitality and resort development subsidiary. Lowe joined the firm in 1992 and most recently served as director of the Hotel Development Group. Along with managing hotel development and redevelopment activities, Lowe will be responsible for the firm’s resort community development activities.
