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Business Notes | News, Sports, Jobs – SANIBEL-CAPTIVA

Ian N. Breusch


The Sanibel Captiva Trust Company announced the appointment of Ian N. Breusch as chief operating officer of the company and its divisions, The Naples Trust Company and The Tampa Bay Trust Company, as well as the appointment of Jeffrey A. Muddell as office president of the Sanibel-Captiva operation.

Breusch is responsible for the oversight of the company’s investment, fiduciary, client services and trust departments. He works with founder and Chairman S. Albert D. Hanser and Chief Executive Officer Terence M. Igo on strategic planning and preparing for continued corporate growth.

While serving in his previous role of chief investment officer, Breusch managed a team of investment managers and analysts companywide. He continues to manage a group of client portfolios and is a member of the company’s Asset Management Committee.

Breusch’s earlier career included a position at Private Capital Management in Naples where he served as a relationship manager and conducted investment research. He was also an asset strategist at Nationwide Financial where he evaluated, constructed and monitored asset allocation programs, third party funds, and multi-managed products across the Nationwide Funds Group complex.

Jeffrey A. Muddell

Breusch obtained his Bachelor of Science in finance from Florida Gulf Coast University, holds the Chartered Financial Analyst designation, and is a member of the CFA Institute and the CFA Society of Naples.

Located at the Palm Ridge Road office, Muddell will work daily beside founder and Chairman S. Albert D. Hanser as his duties within the company and community expand.

He joined the company’s wealth services team in 2019 and he has worked closely with many clients, focusing a large part of his efforts on new client development and financial planning services.

His work at the company follows a career in the nonprofit management and philanthropy industry, having served as system director of gift planning for the Lee Health Foundation after 18 years in the Orlando area where he led fundraising efforts at the Orlando Health Foundation.

Muddell holds a Master’s in Business Administration from the University of Florida’s Warrington School of Business and has obtained his Certified Financial Planner designation. He earned his bachelor’s degree in communications from the University of Miami.

Kyle DeCicc

Muddell is on the board of directors for the Charitable Foundation of the Islands, president of the Sanibel School Fund, a committee member for SanCap Cares, and a member of the Sanibel Community Church.


Sanibel Captiva Community Bank recently announced the promotion of Kyle DeCicco to bank president and board director.

A member of the executive management team since 2020, he was previously executive vice president. In his new position, DeCicco oversees management and operations, while continuing his responsibilities as senior loan officer.

DeCicco joined the bank in 2016 as vice president and commercial loan officer, focusing on commercial real estate lending and relationship development with local businesses and investors. He was instrumental in leading efforts in administering the Small Business Administration Paycheck Protection Program in 2020 and 2021, which resulted in over 1,100 loans totaling nearly $106 million.

Kelsey Smith

With over 15 years of banking experience, DeCicco has worked in commercial real estate and lending, credit analysis, performing and nonperforming loan portfolio management, and management of FDIC insured loss-share assets. His efforts have resulted in the bank closing nearly $300 million in commercial loans in six years.

DeCicco is a graduate of the Florida Bankers Association — Florida School of Banking and holds a bachelor’s degree in business administration from Florida Atlantic University. He is in his final year of the American Bankers Association Stonier Graduate School of Banking at the Wharton School of the University of Pennsylvania and will graduate in June.

The Southwest Florida native serves as a board member and treasurer for The Foundation for Lee County Public Schools and is a member of the foundation’s Grant Selection Committee. He also serves on the Heights Elementary Student Advisory Committee and is a captain-level Keel Club member of the United Way of Lee, Hendry, Glades and Okeechobee Counties, among other volunteer efforts.

DeCicco succeeds Craig Albert, who has served as president and chief executive officer since 2003. Albert will continue to serve as chief executive officer and remains on the board of directors.


Denise Vaughn

Kingfisher Real Estate and Vacation Rentals announced that Kelsey Smith has joined its team as office manager at the Captiva location.

Originally from Maryland, she grew up on a working farm. Smith’s real estate roots are multigenerational and her enthusiasm is boundless. She holds a Florida real estate license.


RE/MAX of the Islands announced that sales associate and Realtor Denise Vaughn was recognized for her achievements at the Sanibel & Captiva Islands Realtor Association’s annual awards ceremony and installation of officers and directors on Jan. 13 at The Community House on Sanibel.

Vaughn fulfilled the educational requirements to obtain the Sanibel and Captiva Islands Specialist professional designation last year. She also was awarded membership into the Realtor Association 2021 Honor Society.

Business Notes


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