A top executive of The National Bank of Indianapolis announced Wednesday morning that he will retire from the city's largest locally owned bank at the end of the year.
Philip B. Roby has served as executive vice president and chief operating officer since the bank was founded in 1993.
His tenure in the banking industry spans much longer, however.
Roby began his banking career at Indiana National Bank in 1965, ascending in 1990 to president of INB Banking-Northeast, an affiliate of Fort Wayne-based INB Financial Corp.
Following INB's merger with NBD Bancorp., he served as executive vice president and senior commercial lending officer for the northeast region of NBD Indiana Inc.
He left in 1993 to help form The National Bank of Indianapolis. Morris Maurer, president and CEO of the bank, and Michael S. Maurer, who co-owns IBJ Media, co-founded the bank.
Mark L. Bruin has been promoted to executive vice president and chief banking officer/chief lending officer to fill Roby’s position.