Synovus Financial in Columbus, Ga., has plucked its next chief financial officer from in-state rival SunTrust Banks.
Kevin Blair will succeed Tom Prescott as executive vice president and CFO on Aug. 17, the $29 billion-asset Synovus said in a press release Monday. Prescott will retire after working for Synovus for nearly 30 years.
Blair, an 18-year veteran of Atlanta-based SunTrust, had been corporate treasurer since 2015. He previously was director of the $190 billion-asset company's commercial specialty segment and had served in leadership roles in corporate strategy, credit risk management and elsewhere; he was also once chairman and chief executive officer of SunTrust's Georgia-North Florida region.
"[Blair] is a deeply experienced banker and corporate finance executive, with a strong appreciation for the vital role banks play in serving customers and communities," Kessel Stelling, the chairman and CEO of Synovus, said in the release.