IndyMac Bank Gets Prez

Richard H. Wohl has been named president of IndyMac Bank FSB, Pasadena, Calif., a newly created post that will oversee the primary business divisions of the bank's thrift and mortgage banking segments.Mr. Wohl, who was most recently chief executive officer of IndyMac Mortgage Bank, has also been elected to IndyMac Bank's board of directors. Frank M. Sillman will replace Mr. Wohl as CEO of the mortgage bank. Mr. Sillman was most recently CEO and executive vice president of the Mortgage Professionals Division of IndyMac Mortgage Bank. Michael W. Perry, chairman and CEO of IndyMac Bancorp Inc., the holding company for IndyMac Bank, said the mortgage bank under Mr. Wohl's leadership has grown from the 26th-largest single-family residential mortgage originator in the United States to the 11th-largest. The bank can be found online at http://www.indymacbank.com.