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Top banking moves: Synovus, Esquire name COO; US Bancorp names analytics chief

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Top banking moves: Synovus, Esquire name COO; US Bancorp names analytics chief

S&P Global Market Intelligence presents a weekly news summary of executive management and board chair-level changes in the bank and thrift industry.

Dec. 12

Brian Wagner's appointment as president of Flagship Bank Minnesota will take effect Jan. 1, 2019, the Minneapolis/St. Paul Business Journal reported.

Wagner most recently was the Wayzata, Minn.-based company's executive vice president.

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Kevin Blair was named senior executive vice president and COO of Synovus Financial Corp.

Blair will remain as CFO of the Columbus, Ga.-based company until a replacement is found.

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O.B. Grayson Hall Jr., who is Birmingham, Ala.-based Regions Financial Corp.'s executive chairman, is set to retire Dec. 31.

Charles McCrary, the company's lead independent director, will succeed Hall as independent chairman of the company and unit Regions Bank, effective Jan. 1, 2019.

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Sarah Meyerrose will retire as Franklin Financial Network Inc.'s CFO on Jan. 15, 2019.

Chris Black — who recently joined the Franklin, Tenn.-based company as executive vice president, strategy — will take over as CFO at the company and unit Franklin Synergy Bank, effective immediately.

Dec. 11

Effective Jan. 1, 2019, Duane Dewey will become COO of Jackson, Miss.-based Trustmark National Bank.

Dewey previously was president of corporate banking at the Trustmark Corp. unit.

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Jericho, N.Y.-based Esquire Financial Holdings Inc. named Eric Bader COO and Michael Lacapria senior vice president and CFO.

Previously, Bader was CFO of the company and unit Esquire Bank NA, while Lacapria was CFO of New York-based Deutsche Bank Trust Corp.

Dec. 10

James Cotter will vacate his position as executive vice president and COO of Lakeville, Conn.-based Salisbury Bank and Trust Co., effective Dec. 31.

Cotter will remain with the Salisbury Bancorp Inc. unit through year-end to transition his responsibilities to other executive team members.

Salisbury Bancorp plans to eliminate the COO position at the unit as part of its cost-cutting measures.

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Upon completion of Walnut Creek, Calif.-based BayCom Corp's acquisition of Buena Park, Calif.-based Uniti Financial Corp., Uniti Financial President and CEO Jack Choi will become president of the Uniti division of BayCom unit United Business Bank.

Uniti Bank will merge into United Business Bank as part of the deal.

Dec. 8

Paul Kalamaras was named executive vice president and chief risk officer of Short Hills, N.J.-based Investors Bancorp Inc. and unit Investors Bank.

Kalamaras previously was executive vice president and chief retail banking officer of both entities.

Bill Brown, who joined the bank as senior vice president of retail banking in August 2017, was named chief retail banking officer of the company and the bank.

Dec. 7

M&T Bank Corp. Chief Diversity Officer Carl Jordan retired after spending 32 years at the Buffalo, N.Y.-based company.

Glenn Jackson, the company's group vice president, will succeed Jordan.

Dec. 6

Srini Nallasivan replaced Bill Hoffman as chief analytics officer of Minneapolis-based U.S. Bancorp, the Minneapolis/St. Paul Business Journal reported.

Nallasivan most recently was global head of digital and data analytics at American International Group Inc.