Wilmington Trust Taps U.S. Markets Leader
Wilmington Trust has named Dave DiLuigi as 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 financial goals.
Wilmington Trust’s Wealth business – a part of parent company M&T Bank Corp.– 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 a master’s degree from The American University, a bachelor’s degree from Mount Saint Mary’s University, and completed an executive leadership program at Columbia University.