CAPE GIRARDEAU - Union Planters Bank has announced the appointment of Doug Watson, 47, as community bank president of the Cape Girardeau market, effectively immediately. This market includes 16 retail offices in the Southeast Missouri area.
Watson will report to Michael Ross, who is regional president of the Missouri Banking Group, which includes St. Louis, Belleville, Columbia, Springfield, and Cape Girardeau.
Watson began his banking career in 1977, most recently serving as Community Bank President of Bank of Missouri in Cape Girardeau since 1996.
Before that, he was with Union Planters Bank in Sikeston.
"I am very pleased to work once again with Doug," said Ross.
"He is an experienced commercial banker who possess extraordinary leadership skills and has a focus on serving his clients with great care and attention. I know that with Doug on our team we will be an even better company for our clients, associates, and stockholders."
Watson is serving as chair of the Professional Division of the 2003 Area Wide United Way Campaign Cabinet as well as chair of the Southeast Missouri Hospital Foundation Annual Golf Tournament.
He is a 1977 graduate of Southeast Missouri State University and a 1991 graduate of the Graduate School of Banking of the South.
Union Planters Corporation, the largest bank holding company headquartered in Tennessee and is among the 30 largest bank holding companies based in the United States with consolidated assets of $34.2 billion at March 31, 2003.
Union Planters Bank, N.A., the principal banking subsidiary, operates 754 banking offices and 957 ATMs in Alabama, Arkansas, Florida, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, Tennessee and Texas. The Company is included in the Standard and Poor's 500 Index, the Standard and Poor's 500 Banks Index, the NYSE Composite Index and the Russell 1000 Index.