Synovus Financial Corp. of Columbus, Ga., said it has realigned its top management, giving more authority to the chief of its bank in Albany, Ga.

Walter "Sonny" Deriso Jr., president and chief executive officer of Security Bank and Trust, is being promoted to vice chairman of the $8.3 billion-asset holding company.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.