The North Carolina Bankers Association has found its next president and chief executive.

The trade group said late Tuesday that Peter Gwaltney will succeed Thad Woodard on Jan. 2. Woodard is retiring after spending 37 years in various capacities at the association.

Gwaltney is a former chief executive of the Louisiana Bankers Association. He left the Louisiana association in 2007 to become the chairman, president and chief executive of the Senior Housing Crime Prevention Foundation, in Memphis, Tenn.

Gwaltney's "years of service within the banking industry, coupled with his leadership experience, makes him an ideal candidate for this position," Woodard said in the release. "I have no doubt the future of the NCBA is in wonderful, capable hands."

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