US Bank Wealth Management has appointed Kenneth Palattao as vice president and healthcare banking specialist for The Private Client Reserve of US Bank.

US Bank Wealth Management has appointed Kenneth Palattao as vice president and healthcare banking specialist for The Private Client Reserve of US Bank.

The PCR is US Bank's high net worth division which serves clients with at least $1 million in investable assets.

Palattao's 30-year experience in the healthcare industry includes acquisitions and consulting, strategic leadership and management within medical practices - from small primary care clinics to large multi-specialty practices and surgical facilities with multi-million dollar operating budgets.

Previously, Palattao worked at the Mayo Clinic Health System as vice president of operations and surgical services. Before that, he was executive director of Pediatric Surgical Associates and regional director at Park Nicollet Clinic Health Services.

"He will bring first-hand experience on the day-to-day financial management of a healthcare practice," US Bank said.