Truist Announces Community Banking Regional Presidents
Leaders to serve local markets offering specialized expertise for key client segments and industries
Truist Financial Corporation, the result of the historic merger of equals between BB&T and SunTrust, has announced twenty-four regional presidents who will champion its unique Community Banking model in many of the most attractive, high-growth markets in the country.
“Our ability to leverage our unique Community Banking model with its decentralized, regional structure combined with deep industry and banking expertise immediately sets Truist apart from our larger competitors and allows us to operate on a more personal level with individual and business clients, providing them with the kind of attention they expect from a hometown bank,” said David H. Weaver, Commercial Community Bank executive. “It also empowers our regional presidents with the authority, delivery, and decision making they need to remain close to our clients along with highly visible and engaged leadership in our communities. Most importantly, it enables us to continue building long-term relationships of trust with our clients, based on fairness, transparency and respect.”
William J. Toomey, II is regional president for the Houston & Central Texas Region at Truist Financial Corporation. He assumed his current position in December 2019, upon the closing of the merger of equals between BB&T Corporation and SunTrust Banks, Inc.
In this role, Toomey is the company’s senior leader in the market responsible for delivering the full complement of the company’s services to clients in the area and directing the commercial business.
Prior to his current role, Toomey served in Commercial Lending roles at BB&T in Myrtle Beach, South Carolina, and Richmond, Virginia. He also spent time in BB&T’s Capital Markets area in Investment Banking in Richmond, Virginia. In 2008, he became the Baltimore City Executive, and he served in that role until October 2011, when he became the Baltimore Metro Regional President. In January 2013, Toomey was given the opportunity to become the South Texas Regional President to lead the Bank’s expansion efforts in Houston, San Antonio, and Austin.
Toomey serves as a Board member of the Greater Houston Partnership, a Board member and immediate past president of The Children’s Museum of Houston, a Board member of the Houston Symphony and Board chair of the Houston Symphony Endowment and Board of Managers of Grandbridge Real Estate Capital.
Toomey received a Bachelor of Science from Hampden-Sydney College, a Master of Business Administration from University of South Carolina, Moore School of Business and is a graduate of the BB&T Leadership Development Program.
Truist Financial Corporation (NYSE: TFC) is a purpose-driven company dedicated to building a better future for its clients, teammates and communities. With 275 years of combined BB&T and SunTrust history, Truist is one of the nation’s largest financial services holding companies offering a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending and wealth management. Headquartered in Charlotte, North Carolina, Truist serves approximately 10 million households with leading market share in many high-growth markets in the country. Learn more at Truist.com.