Professional Profile: Ken Black - 1974

Name: Ken Black - 1974

Title: executive vice president, treasurer and chief executive officer

Company: South Portland Bank & Trust

Location: South Portland, ME.

Kenneth Black, executive vice president, treasurer and chief executive officer, South Portland (Me.) Bank & Trust Co., is spearheading one of the most aggressive local and state development programs in Maine. The bank has already moved into its new headquarters in South Portland, which is in line with the new aggressive development policy it is sharing with the South Portland Board of Industry and Commerce. Black has helped the bank develop more imaginative policies in second mortgage financing for developers, business enterprises and individuals. Already the bank has originated and participated in several commercial real estate leases, not only in Maine, but also New Hampshire. South Portland recently arranged financing with Merrill Trust of Bangor and First Me. Savings for an apartment project. It is this service, bringing in other parties, which Black believes will eventually put South Portland ahead of its competitors. Although he loved New Hampshire, Black has found life in Maine equally satisfying. He and his family all golf. They also have their own bicycles. Black actively participates in basketball and admits a love for all sports.