Citizens Bank, which recently made a senior private banking hire, has made another appointment as it continues to build out its wealth management business.

Citizens Bank has named Frank Drago as president of Citizens Securities and head of Citizens Investment Services.

Drago, who was previously director of investment sales at Citizens Investment Services, now reports to John Bahnken, head of Citizens Wealth Management. 

Drago joined Citizens in April 2013 from Citi Personal Wealth Management, having previously held senior roles at Smith Barney and Citicorp Investment Services. 

“As we continue to grow our wealth management business and to help more Citizens Bank clients plan for retirement and other long-term financial objectives, we are pleased to appoint Drago as head of Citizens Investment Services,” said Bahnken. “We welcome him in this new role and look forward to his leadership as we continue to grow this important business.”

Citizens Bank recently named John Tyers as president of its private banking division. Tyers joined the firm from Lombard International and previously held executive roles at firms including Bank of America/Merrill Lynch, Bear Stearns, Credit Suisse First Boston and Charles Schwab.