Michael P. Heavener

Executive Vice President & Head of Wachovia Bank's

Global Financial Institutions & Trade Division
Wachovia Bank, N.A.

 


Michael Heavener is executive vice president and head of Wachovia’s Global Financial Institutions and Trade Division responsible for the company’s global financial institutions, trade services, and multilateral banking businesses.

Mr. Heavener previously served as executive vice president and head of First Union’s International Group prior to its merger with Wachovia; and as head of CoreStates’ International Group before its acquisition by First Union.

Mr. Heavener began his career with Philadelphia National Bank (later to become CoreStates Bank) in 1968, following service with the U.S. Army in Korea and Vietnam. Beginning in 1972, he established representative offices in Bangkok and Manila, serving as the bank’s first representative for Southeast Asia.

In 1978, Mr. Heavener was appointed general manager of Philadelphia International Bank (later CoreStates Bank International) in New York. In 1980, he was named by PNB as manager for Europe, Canada and the Middle East.

In 1985, Mr. Heavener assumed responsibility for the bank’s domestic financial institutions division; and in 1990, he was promoted to executive vice president and into the role which he’s held since then.

Mr. Heavener serves on a number of internal boards supporting Wachovia activities in international markets, Wachovia International Banking Corporation in Charlotte, and London-based Wachovia International Securities, Ltd., among others.
In service within the industry, Mr. Heavener has served on the boards of The Clearing House Interbank Payments Company (CHIPCo) and the IBOS Association of Banks. For more than ten years, Mr. Heavener also worked actively in support of the Bankers' Association for Finance and Trade as Secretary/Treasurer and as a Board and Executive Committee member.

In the community, Mr. Heavener remains an active supporter of those organizations working to extend Philadelphia’s engagement with the world, The Global Interdependence Center, Philadelphia Committee on Foreign Relations, International Visitors Council and World Affairs Council.