Bradley Chapin, president of Marshall and Ilsley Bank's (M&I Bank) Minnesota region, has been named executive vice president of the company, M&I Bank announced Wednesday.

Jeanne Crain, M&I Bank's executive vice president of business banking in Minnesota, will replace Chapin as the new regional president.

Chapin joined Milwaukee, Wisconsin-based M&I Bank in 1990 as vice president and was named president of the bank's Minnesota region in 2004. In 2009, he became regional group president, with the responsibility of leading the Minnesota, Arizona, and Kansas City regions.

In his new post as executive vice president, Chapin will head the company's consumer banking operations.

Crain has been with M&I Bank since 2007, when it acquired Minneapolis-based Excel Bank-where she was executive vice president of private banking. Prior to her stint at Excel, Crain served as president and CEO of Marquette Capital Bank from 1998 to 2002.

“Jeanne's many years of banking experience and strong leadership skills will be important assets as she leads our very strong team of bankers in the Minnesota Region,” Dick Becker, executive vice president of regional banking, said in a statement. “She is well respected throughout the industry and a leader in the community.”

Chapin's promotion and Crain being named as his replacement were announced along with a series of other organizational changes at M&I Bank. Mark Furlong, president and CEO of Marshall & Ilsley Corporation, has been given the additional title of chairman of the board. He succeeds Dennis Kuester, who retired from his post as chairman on Wednesday.

M&I Bank-which has 192 offices throughout Wisconsin-has 26 offices in the Twin Cities and one location in Duluth.