Kelly King, BB&T Corp.'s new chief executive, has been appointed to the Federal Reserve Bank of Richmond's board of directors.He joined the board Jan. 1, when he also took the helm at the Winston-Salem, N.C., company.

His predecessor at BB&T, John Allison, said he would consider a position at the Federal Reserve Board if the central bank came calling. (He will remain BB&T's chairman until yearend.)

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