ATLANTA, March 20, 2017 /PRNewswire/ -- SunTrust
Banks, Inc. (NYSE: STI) is pleased to announce that Allison Dukes has been appointed Commercial and
Business Banking executive, effective April
3. Dukes succeeds Hugh ("Beau") Cummins III, who was
recently appointed Wholesale Segment executive. She currently
serves as chairman, president and CEO of the Atlanta Division of
SunTrust, and will retain her position as chairman of the Atlanta
Division. Dukes will report to Cummins.
As a purpose-driven company dedicated to Lighting the Way to
Financial Well-Being, SunTrust has invested in a number of unique
capabilities to help commercial and business clients achieve growth
for their companies. In this role, Dukes will lead the line of
business across all geographic divisions, and oversee the delivery
of targeted industry specialties, as well as Dealer and Premium
Assignment Corporation. Further, she will be responsible for
delivering the full complement of SunTrust's commercial banking
products and services, as well as coordinating the delivery of
investment banking and capital markets capabilities offered by
SunTrust Robinson Humphrey to the commercial and business banking
clients of SunTrust.
Dukes began her career at SunTrust in 1997 in corporate banking.
She progressed through a series of leadership positions in
corporate and investment banking, private wealth management, and
finance, including managing director and head of syndicated finance
originations for SunTrust Robinson Humphrey and chief financial
officer of Consumer Banking and Private Wealth Management. Dukes
was named Atlanta Division president in 2015. She serves on the
board of directors of Haverty Furniture Companies Inc., and various
civic and community organizations including the executive board of
Junior Achievement of Georgia, the
Atlanta History Center, the Metro Atlanta Chamber of Commerce, and
the Children's Healthcare of Atlanta Foundation.
About SunTrust Banks, Inc.
SunTrust Banks, Inc. is a
purpose-driven company dedicated to Lighting the Way to Financial
Well-Being for the people, businesses, and communities it serves.
Headquartered in Atlanta, SunTrust
operates an extensive branch and ATM network throughout the
high-growth Southeast and Mid-Atlantic states, along with 24-hour
digital access. Certain business lines serve consumer, commercial,
corporate, and institutional clients nationally. As of December 31, 2016, SunTrust had total assets of
$205 billion and total deposits of
$160 billion. The company provides
deposit, credit, trust, investment, mortgage, asset management,
securities brokerage, and capital market services. SunTrust leads
onUp, a national movement inspiring Americans to build financial
confidence. Join the movement at onUp.com.
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SOURCE SunTrust Banks, Inc.