Truist Regional President Greg Farno on Thursday announced his retirement after more than 45 years in banking.
He will be succeeded by Evelyn Lee, a Baltimore native, who’s expanded role after being promoted from executive vice president, includes oversight of Maryland and greater Washington.
Farno and Lee will work together to ensure a smooth transition.
Farno was named Maryland regional president at Truist in 2019, leading commercial banking in the state and delivering the full complement of the bank’s services to clients. He also served as senior vice president, managing director and Maryland regional president at SunTrust Bank, a Truist predecessor, since 2000.
Born and raised in Baltimore, Lee is a graduate of the Bryn Mawr School and the College of William and Mary in Williamsburg, Va. She has spent her entire career at Truist and was previously senior vice president and head of senior living for the wholesale banking practice, where she led teams covering national clients in the senior living and skilled nursing sectors. Lee’s other roles included senior risk officer for Greater Washington, team leader for the not-for-profit division, and senior portfolio manager for Corporate Banking.
Truist operates under a community banking model, meaning its leadership and decision-making are close to the communities it serves. Regional presidents lead a local team comprised of experienced financial professionals dedicated to serving the company’s diverse mix of clients. Regional presidents work closely with dedicated industry and advisory teams compromised of selected experts in industry verticals, specialty products and strategic advisory solutions to provide complex capabilities for their clients.
Source : The Daily
