Todd Rassiger, who has 15 years of financial services experience, has joined First Republic Bank as relationship manager and managing director in its business banking group in Boston.

Rassiger will work primarily with nonprofit organizations, private equity and venture capital firms. He joins a growing team of business bankers and wealth management professionals at First Republic’s offices in downtown Boston and Back Bay.

"First Republic is expanding its capabilities to serve the bank’s increasing number of nonprofits, private equity, and venture capital clients on the East and West Coasts," said Katherine August-deWilde, president and chief operating officer of First Republic Bank. "Todd is an exceptional banker who is highly respected in Boston and has a proven track record of helping clients meet their complex financing needs. Todd is committed to the same level of exceptional client service that has been the hallmark of First Republic for 25 years."

Prior to joining First Republic, Rassiger was senior vice president of Boston Private Bank & Trust for eight years. Before that, he was an investment banker with MassDevelopment in Boston, where he focused on project finance for nonprofit organizations. Earlier in his career, he worked for the Federal Reserve Bank of New York, according to a statement.