Succession planning

Kevin S. Kim thought he was joining a bank board to bring youth to an aging slate of directors. Eight years, four acquisitions and a banking crisis later, he is now the chief executive of the nation's largest Korean-American bank.

Citizens Building and Loan in Greer, S.C., will have a new president and chief executive next year.

Johnson, 54, will succeed her father, Edward "Ned" Johnson, as chairman of the family-run firm in early December.

HomeBancorp in Tampa, Fla., has appointed several executives to expanded roles, all to take effect at the start of the year.

The U.S. is the only industrialized nation without mandated paid parental leave, but innovative leave policies are an opportunity to attract and retain employees in a highly competitive industry.

TD Bank Group in Toronto will have a new president and chief executive for its U.S. banking unit next summer.

Oconee Financial in Watkinsville, Ga., has named a former Atlanta-area banker its new chief executive.

Bank of America's chief financial officer on Tuesday downplayed the odds of a Wells-Fargo-style phony-account scandal at B of A, contending that it does not use hard-charging sales tactics.

Banks must work to attract a diverse workforce through recruiting efforts, and to close the retention gap that sees institutions lose a higher percentage of women leaders compared to those who are men.

Mercantile Bank Corp. in Grand Rapids, Mich., announced several promotions that underscore a heightened focus on loan growth.