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Management Strategies

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SunTrust Hires Industry Veteran to Oversee Consumer Unit

Former Citigroup and Bank of America executive Brad Dinsmore joins the company as the EVP of consumer banking and private wealth management.

Atlanta-based SunTrust Banks recently named Brad Dinsmore as its executive vice president of consumer banking and private wealth management. In the new role, Dinsmore is responsible for overseeing the company's retail banking, card, consumer lending, consumer product and private wealth business lines. He'll also work with Rilla Delorier, the company's chief marketing officer, and Tom Kuntz, the head of geographic banking, on SunTrust's brand, marketing and service delivery strategies.

Dinsmore reports to C.T. Hill, the company's corporate executive vice president and head of consumer banking and mortgage. Hill is shifting his main focus to supporting the mortgage business line and providing strategic oversight of the consumer banking division.

Before joining SunTrust, Dinsmore oversaw delivery of products and services to four million account holders as head of U.S. retail banking at Citigroup. Prior to Citigroup, he spent 20 years at Bank of America, where he held various roles in consumer, mortgage, business and wealth management banking. Ultimately, he oversaw 2,000 banking centers and service delivery to 12 million households as Bank of America's western division consumer and business banking executive.

"Brad has an impressive track record as a banking leader and industry advocate," said William H. Rogers, Jr., president and CEO of SunTrust, in a release announcing the hire. "Giving him responsibility for our traditional consumer banking and private wealth management operations will enable us to benefit from his deep experience and insights, and allow C.T. to focus on the extremely important tasks underway and ahead in our mortgage business. In addition, C.T. and Brad will partner in our efforts to align our consumer banking strategy with the evolving regulatory environment and changing client banking behaviors."

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