Regions Financial in Birmingham, Ala., said Thursday that it has promoted one of its private wealth managers.

The $126 billion-asset holding company for Regions Bank said Jeremy King, who had been support manager for private wealth, is now executive vice president of wealth management strategy and effectiveness for Regions Wealth Management. King succeeds Kate Randall Danella, who was named head of the private wealth management division in May.

King will lead a team that works on strategy, professional development, business and client insights, and marketing, among other things.

King joined Regions in the management consulting group in 2007 and later ran the business development support team.

Regions announced on June 22 that it had named Bill Horton, a 42-year veteran of the company, to the newly created position of head of commercial banking, overseeing its restructured small- and middle-market banking business.

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