BB&T Corp. hired David Fisher, a former Bank of America Corp. executive, to run its wealth management division.
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The hiring was announced Monday. Mr. Fisher said in an interview that Mark Wenick, his predecessor as the head of BB&T Wealth Management, left to pursue a private business opportunity.
Mr. Fisher, 59, had worked for 10 years as a senior managing director of B of A's private banking division before retiring in 2003. Most recently, he was the chief operating officer of Doozer Software Inc., a Birmingham, Ala., software development company.
BB&T Wealth Management, which is based in Winston-Salem, N.C., has more than $10 billion of assets under management. Mr. Fisher is based in Charlotte.
