For Immediate Release
Steve Greenberg: 518-469-9858
Karen Armstrong: 212-297-1635
Gail E. Cohen, Vice Chairman of Fiduciary Trust Company International,
Elected Chairman of New York Bankers Association
(New York) February 11, 2013 – Gail E. Cohen, vice chairman and general trust counsel of Fiduciary Trust Company International, was elected by her peers to chair the New York Bankers Association (NYBA) for the 2013 one-year term. Ms. Cohen’s election elevates her to the top tier of influential bankers in the U.S.
“Gail will bring a fresh perspective to the post at NYBA, one that will enhance our efforts to strengthen the trust industry in New York State. Through her leadership, Gail will play a key role in the banking industry’s continuing efforts to help New York recover from a struggling economy,” said Michael P. Smith, president and CEO of NYBA.
“The need for a strong and unified voice in the banking sector has never been greater,”
said Ms. Cohen. “It is especially gratifying for me to accept this responsibility in the 120th year of the NYBA, which remains dedicated to excellence in the profession of banking and to the maintenance of New York State as a world financial capital.”
At Fiduciary Trust, Ms. Cohen is responsible for the firm’s client relationships as well as its trust and estate services in New York and across its regional offices. She joined Fiduciary Trust in 1994 and has over 30 years of experience in trusts and estates. Ms. Cohen is a member of Fiduciary Trust's Board of Directors, as well as a member of the Management and Executive Committees. In 2010 and 2011, she was named one of the Top 50 Women in Wealth by Wealth Manager Magazine. She is a 2012 inductee into the NAEPC Estate Planning Hall of Fame.
Ms. Cohen currently sits on the Investment Committee of the New York City Bar Association, is a former member of that Bar Association’s Committee on Estate and Gift Tax, which she chaired from 1998-2001. Ms. Cohen is a member of Board of Directors of Graham Windham and is a member of The Rockefeller University Committee on Trust and Estate Gift Plans. She also serves as an adjunct professor of law at Brooklyn Law School. Ms. Cohen received a B.A. from Mount Holyoke College and a J.D., summa cum laude, from Brooklyn Law School. She is admitted to the bar in New York and New Jersey.
Fiduciary Trust Company International, a leading wealth management firm and wholly owned subsidiary of Franklin Resources Inc., has served individuals, families, endowments and foundations since 1931. The firm specializes in strategic wealth planning, investment management, trust and estate services, as well as tax, custody and banking services. The firm and its subsidiaries maintain offices in New York, Miami, Los Angeles, San Mateo, Washington, D.C., Wilmington, London and Hong Kong. For more information, please visit fiduciarytrust.com.
For more than a century, the New York Bankers Association (NYBA) has been at the vanguard of the financial services industry. NYBA is comprised of the commercial banks and thrift institutions that engage in the banking business in New York State. Our members have aggregate assets in excess of $10 trillion and more than 200,000 New York employees.