Larry Richman
Larry Richman is President and Chief Executive Officer of PrivateBancorp, Inc., and The PrivateBank-Chicago, a wholly owned subsidiary of PrivateBancorp. Since assuming the leadership role at PrivateBancorp in November 2007, Mr. Richman has been directing the execution of a strategic growth plan designed to build the company into the bank of choice for middle-market commercial and commercial real estate companies, as well as business owners, entrepreneurs, executives and wealthy families.
With a strong belief that the value of a company lies in the strength of its people, Mr. Richman and his team are working to provide a comprehensive suite of lending, treasury management, investment products, capital markets, private banking and wealth management services through a relationship-based business model.
Mr. Richman has more than 25 years in banking and joined PrivateBancorp from LaSalle Bank N.A. where he was President and Chief Executive Officer as well as President of LaSalle Bank Midwest. He began his career at American National Bank and joined Exchange National Bank of Chicago in 1981 until its acquisition by LaSalle.
He is a Trustee of Bradley University in Peoria, Illinois, where he earned his bachelor’s degree, and is on the Dean’s Advisory Council at Indiana University’s Kelley School of Business, where he earned his MBA. He also holds an advanced certificate from Stanford University in credit and financial management and is a Board member of Northwestern University's Kellogg School of Management.
Mr. Richman is very active in many civic, philanthropic and governance activities. He is a member of the Chicago 2016 Olympic Committee and serves on its Finance Advisory Council. In 2008 he was appointed to the Economic Club of Chicago’s Board of Directors. Additionally, Richman serves on the boards of the Museum of Science and Industry, the Ravinia Festival Association, Northwestern Memorial Hospital, Field Museum, Chicago Chamber of Commerce, the Executives’ Club of Chicago and the Western Golf Association. Additionally, he is a member of the Commercial Club of Chicago and the Bankers Club of Chicago.
In 2006 he was named to the Academy of Fellows for the Kelley School of Business at Indiana University and, in 2005, he received the Civic Achievement Award from the American Jewish Committee.
