Also Named to Wilmington's Senior Leadership Team
WILMINGTON, Del., Feb. 13, 2025 /PRNewswire/ -- Wilmington Trust announced today that Dave DiLuigi has been named the new Head of U.S. Markets for the firm's Wealth division, effective February 17.
In this new role, DiLuigi will be responsible for helping set the strategic direction for Wilmington Trust's Wealth business and managing the firm's mission to provide comprehensive wealth management advice to its clients looking to fulfill their financial goals and aspirations.
Wilmington Trust's Wealth business – a part of parent company M&T Bank Corp. (MTB: NYSE) -- works closely with high- and ultra-high-net-worth individuals, families, entrepreneurs, business owners, foundations, and endowments and their advisors.
As part of his new responsibilities, DiLuigi will also be joining the Wilmington Trust Senior Leadership Team, which sets the overall strategy and direction of the business.
Based in Washington, D.C., DiLuigi had previously served as the regional president for the Greater Washington/Central Virginia and Greater Baltimore regions of Wilmington Trust, responsible for overseeing all Wealth Advisory Services in that market. In his new role, he succeeds Lisa Roberts, who became Head of Wealth for Wilmington Trust last year.
"Dave is a strong leader, and he is well-respected throughout the industry, among his colleagues, and in his region," said Roberts. "Having him in this role will help us continue to grow our team, deepen the service we provide to our clients, and expand our influence across the country. I'm looking forward to working together to achieve just that."
DiLuigi will also be working closely with other businesses and their leaders around the bank to ensure that the Wealth Management business is aligned with M&T's overall business goals.
DiLuigi joined M&T Bank in 1992, which acquired Wilmington Trust in 2011. During more than 30 years, he has led M&T's commercial banking operations in the region, which includes the Government Contracting practice. He has also managed retail branches, directed the bank's retirement plan sales team, and worked on integration-related projects for many M&T acquisitions.
He holds an MBA from The American University, a bachelor's degree from Mount Saint Mary's University, and completed an executive leadership program at Columbia University.
He is also active in his community, and has served as:
- Chairman of the Board at Catholic Charities for the Archdiocese of Washington, D.C.;
- Treasurer of the Board of Trustees at Mount Saint Mary's University; and
- Advisory board member for the Richard J. Bolte, Sr. School of Business.
"I'm very excited about this opportunity. I'm proud to have spent my entire career as a part of this company and I'm looking forward to making a meaningful and positive impact on this business and helping Wealth achieve its full potential," said DiLuigi. "We have assembled an experienced and dedicated team and, working together with Lisa and the rest of our leadership, I believe that our best days are ahead of us."
About Wilmington Trust
Wilmington Trust's Wealth Management offers a wide array of personal trust, planning, fiduciary, asset management, private banking, and family office services designed to help high-net-worth individuals and families grow, preserve, and transfer wealth. Wilmington Trust focuses on serving families with whom it can build long-term relationships, many of which span multiple generations.
Wilmington Trust provides Corporate and Institutional Services for clients in all 50 states and numerous countries, with offices throughout the United States and internationally in London, Dublin, and Frankfurt. For more information, visit www.wilmingtontrust.com.
About M&T Bank
M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information about M&T Bank, visit www.mtb.com.
MEDIA CONTACT: Patrick Fitzgibbons, Senior Public Relations Manager, Pfitzgibbons@mtb.com
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SOURCE Wilmington Trust
