SunTrust's Consumer Banking Chief to Retire Next Year

Richmond, Va., banker C.T. Hill is retiring after more than 40 years working for SunTrust Banks Inc. and some of its predecessors.

Hill, who heads the Atlanta-based company's consumer banking division, will step down in February. Hill's first job in banking came in 1970 with United Virginia Bankshares where he worked in installment loans. That company later became Crestar Financial Corp., and Crestar in turn was acquired by SunTrust in 1998. Before heading the consumer division, Hill led SunTrust's Mid-Atlantic division and was chief of its retail business.

On Hill's retirement, two SunTrust executives who had reported to Hill — Brad Dinsmore and Jerome Lienhard — will report directly to SunTrust Chief Executive Bill Rogers and keep their current responsibilities. Dinsmore joined SunTrust in August as an executive vice president for consumer banking and private wealth management; he had previously worked for Citigroup Inc. Lienhard in March was named president and CEO of SunTrust Mortgage.

SunTrust declined requests for interviews with the executives.

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