03:45 PM
Former BB&T Exec Joins SunTrust as Head of Treasury & Payment Solutions
Eric Brewer has joined Atlanta-based SunTrust Banks ($170.8 billion in total assets) as executive vice president and head of treasury and payment solutions. Brewer will be responsible for treasury management sales, treasury management services, commercial card services, merchant services, treasury product management, business deposit management and global trade services. He will report to Mark Chancy, who recently was named wholesale banking executive, a newly created post overseeing SunTrust's wholesale banking businesses aligned as one integrated organization.
Prior to joining SunTrust, Brewer led the treasury product business line for BB&T Corp. and served as president of Creative Payment Solutions, a wholly owned BB&T subsidiary that offers electronic payment products and services to financial institutions for resale to their clients. He previously served as head of Europe, Middle East and Africa regional transaction banking and cash flow advisory sales for ABN AMRO.
"As the financial services industry evolves and adjusts to new economic and regulatory realities, treasury and payment services will only continue to grow in importance for our clients and SunTrust," said Chancy in a release announcing Brewer's hiring. "Eric's substantial experience and proven leadership abilities have prepared him well to lead delivery of these integrated services going forward, and we are pleased to welcome him to our SunTrust leadership team."