Pahlavi will report to Peter Angelica, private banking regional director for New York Tri-State.

Pahlavi is a veteran having around 30 years of experience in financial services, and most recently was with Modern Bank, serving as the managing director and private banker to HNW clients for five years. He grew a portfolio totaling US$200 million in assets at Modern Bank.

Prior to that, he was a private banker with HSBC Private Bank’s HNW group where he managed a client portfolio of US$250 million.