Lasalle Bank Corporation Announces Governor Blagojevich’s Appointment of Ramon Cepeda to the...

Lasalle Bank Corporation Announces Governor Blagojevich’s Appointment of Ramon Cepeda to the Illinois Education Funding Advisory Board



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Chicago, IL–(HISPANIC PR WIRE)–April 18, 2005–LaSalle Bank Corporation announces the appointment of Ramón Cepeda, first vice president, Commercial Banking, as a member of the Illinois Education Funding Advisory Board. Appointed by Governor Rod Blagojevich, Mr. Cepeda is the first Latino to sit on the five-member board. The position carries a two-year term.

The Education Funding Advisory Board is charged with making recommendations to the state legislature regarding foundation level funding – setting a benchmark for how much the state should spend per student – as well as determining the level of supplemental General State Aid grants to school districts with high concentrations of children from poverty.

“I am a product of the Chicago public school system and my children are in public schools,” said Mr. Cepeda. “I’m not an educator, but feel my professional experience in business and finance, together with my commitment to raising the visibility of community-based issues will bring a different, practical perspective to the board. I’m flattered by the Governor’s confidence and am pleased to serve.”

“A quality education is invaluable,” said Norman R. Bobins, president and chief executive officer of LaSalle Bank Corporation. “LaSalle Bank is proud that Ramón Cepeda was appointed to the Education Funding Advisory Board. State funding is so critical to the success of our schools and our children; Mr. Cepeda’s leadership and bottom-line orientation will prove beneficial to the board.”

In his 10 years with LaSalle Bank, Mr. Cepeda has worked in community development lending and commercial real estate. He is currently responsible for providing financing and other banking services to Hispanic-owned middle-market companies nationwide. Mr. Cepeda was also a driving force behind the formation of the bank’s Hispanic Advisory Council, created to increase the participation of qualified Hispanics in every line and level of business.

Mr. Cepeda is immediate past president of the Hispanic Banking Association and is a member of the Illinois Hispanic Chamber of Commerce, serving on the Corporate Advisory Committee. He is a trustee on the board of Holy Cross Hospital.

LaSalle Bank is headquartered in Chicago and has $63.7 billion in assets and $37.7 billion in deposits. One of the largest banks in the Midwest and second largest in Chicago, LaSalle Bank serves individuals, small businesses, middle-market companies and institutions with streamlined solutions to meet the scope of customers’ financial needs. LaSalle has more than 140 retail locations and 500 ATMs throughout Chicago and the neighboring suburbs. Online banking is offered through lasallebank.com.

LaSalle maintains commercial banking offices in Boca Raton, Cleveland, Cincinnati, Columbus, Denver, Indianapolis, Kansas City, Milwaukee, Minneapolis, New England (covering Connecticut, Boston and New Jersey), Pittsburgh, Des Moines, Rockford and Peoria, Illinois, St. Louis, Tampa and Miami. Subsidiaries include LaSalle National Leasing Corporation, LaSalle Business Credit, LLC and ABN AMRO Financial Services, Inc.

Parent company LaSalle Bank Corporation is headquartered in Chicago with $103.4 billion in assets. LaSalle Bank Corporation is a subsidiary of Netherlands-based ABN AMRO Bank N.V., one of the world’s largest banks with total assets of EUR 632.8 billion with more than 3,000 locations in over 60 countries.

NOTE TO EDITORS: A high-resolution image is available at: http://www.hispanicprwire.com/index_in.php

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CONTACT:

Jane M. Broski

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Queta Bauer, (773) 285-1055

Cell: (773) 301-7099

Lasalle Bank Corporation Announces Governor Blagojevich’s Appointment of Ramon Cepeda to the Illinois Education Funding Advisory Board