The St. Louis Public Library Foundation has elected David M. Diener, vice president, wealth management advisor, The Private Client Reserve of U.S. Bank, and Lawrence K. Otto, managing director and midwest regional executive for U.S. Trust – Bank of America Private Wealth Management, to its board of trustees. The announcement was made by Rick Simoncelli, president.
As a wealth management advisor with The Private Client Reserve of U.S. Bank, Diener helps a select group of clients meet their financial objectives by providing comprehensive wealth management services in the area of private banking, personal trust, investment management and financial planning. He has a law degree from Northwestern University and over 30 years experience in the trust industry. He also has spent a significant amount of time working with charitable foundations and non-profit organizations, and is chairman of the Dana Brown Charitable Trust.
A native and lifelong resident of St. Louis, Diener currently serves as a board member for Dance Saint Louis, Contemporary Art Museum Saint Louis, Saint Louis Science Center and the Special Education Foundation. He also is a member of the Missouri Bar Association, American Bar Association, Bar Association of Metropolitan Saint Louis and Planned Giving Council of Opera Theater of Saint Louis.
With more than 30 years of financial services experience with Bank of America and its predecessor banks, Larry Otto is responsible for leading the integrated wealth management business of Bank of America in several states. His background includes extensive experience in sales and advice to corporations and high net worth individuals. His prior experience includes various leadership and executive management roles in U.S. Trust and the Bank of America Commercial Banking Group.
Otto is a graduate of Duke University. He also serves on the board of directors for The Sheldon Arts Foundation and the Contemporary Art Museum of St. Louis, and is a member of the Corporate Partners Board of the Danforth Plant Science Center.
Currently the St. Louis Public Library Foundation is working to complete the $20 million Central To Your World philanthropic campaign (www.C2YW.org) to support the $70 million restoration and revitalization of downtown’s Central Library. Scheduled to re-open to the public in December, Central Library will feature a 65 percent increase of space for public use, expanded children’s and teen rooms, a lower-level 244-seat auditorium and other amenities, including a café. Book lending and all other library services continue to be available during construction through the St. Louis Public Library’s 16 other locations.