WINSTON-SALEM, N.C.,
June 7, 2016 /PRNewswire/ -- BB&T
today announced Tony Coley has been
named president of its South Florida Region. Coley, who currently
serves as president of the Central Florida Region, will assume his
new role July 1, 2016. He will
replace Michael Oster, who will
retire Sept. 2, 2016, after a banking
career spanning 42 years.
"This September will mark Mike's 30th anniversary with BB&T
and its successor organizations," said Ricky Brown, president of Branch Banking
&Trust. "In that time, Mike has built a distinguished career
with BB&T, demonstrating his leadership and establishing our
strong community banking approach. We wish him the best in his next
chapter of life and are thrilled he will continue to work with us
as an executive coach with the BB&T Leadership Institute.
"We are very fortunate to have Tony fill this critical role,"
Brown added. "His knowledge of the South
Florida market and proven ability to create and lead
high-performing teams will continue the momentum and success Mike
has cultivated."
Coley, 42, has nearly 20 years of banking experience with
several institutions in South
Florida. He joined BB&T in 2009 through its acquisition
of Colonial Bank, where he was president and CEO of Colonial's
Southeast Florida Commercial Banking Division. He began at BB&T
as market president of Broward
County and was promoted to regional president of the Central
Florida Region in 2012.
A native of Dade County, Coley is active in the Central Florida community. He holds a seat on
the boards of several local organizations, including Central
Florida Partnership, African-American Chamber of Commerce, Florida
Hospital for Children, Business Force, and Boy Scouts of
Central Florida, where he serves
as vice president of finance. Coley also serves on the University of Central Florida Business School's
Dean's Advisory Board and is a trustee of Bethune-Cookman
University in Daytona Beach. In
2011, he was honored by the Miami Herald as one of the Top
20 business leaders under 40 years of age.
Coley earned his bachelor's degree from the University of Miami and was a starting linebacker
on the University of Miami football
team, which won three conference championships and played for two
national titles. He earned numerous accolades for academics,
athletics and community service. Among his honors were selections
to the College Football Association's Academic All-American Team as
well as the University of Miami's Iron
Arrow Honor Society, the University of
Miami's highest honor. Coley also earned a place on the NCAA
Good Works Team, a national award recognizing outstanding community
service.
"My family and I are very excited about returning home to
South Florida," Coley said. "We've
truly enjoyed our time in Central
Florida and will always cherish the relationships we
developed here. However, we look forward to getting reacquainted
with the South Florida
community."
Oster, 63, joined BB&T in 1999 when BB&T acquired
Carroll County Bank and Trust Company where he was president and
CEO. Following the acquisition, he served as regional president of
the Baltimore Metro Region. In 2001, he became state president of
Maryland and, in 2009, he moved to
South Florida to create that
region following BB&T's acquisition of Colonial Bank.
"The time I have spent leading the South Florida Region of
BB&T has been the most satisfying of my career," Oster said. "I
have had the privilege to work with tremendous clients and an
outstanding banking team, and it will be those aspects that are
most meaningful as I reflect on my career."
BB&T operates 326 financial centers in Florida and divides its footprint into
autonomous community bank regions – each with its own president –
to keep decisions local and close to the customer.
About BB&T
BB&T is one of the largest
financial services holding companies in the U.S. with approximately
$212.4 billion in assets and market
capitalization of approximately $26.0
billion as of March 31, 2016.
Based in Winston-Salem, N.C., the
company operates 2,263 financial centers in 15 states and
Washington, D.C., and offers a
full range of consumer and commercial banking, securities
brokerage, asset management, mortgage and insurance products and
services. A Fortune 500 company, BB&T is consistently
recognized for outstanding client satisfaction by the U.S. Small
Business Administration, Greenwich Associates and others. BB&T
has also been named one of the World's Strongest Banks by Bloomberg
Markets Magazine, one of the top three in the U.S. and in the top
15 globally. More information about BB&T and its full line of
products and services is available at BBT.com.
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SOURCE BB&T Corporation