BankUnited Hires Insurance Executive to Run Florida Operations

BankUnited (BKU) in Miami Lakes, Fla., has hired a former insurance agency executive to oversee its retail operations in Florida.

The $14.9 million-asset company said Wednesday that it had hired Thomas Cornish, ending a four-year search. John Kanas, BankUnited's chairman, president and chief executive, said in an interview that Cornish was a "perfect match" to manage the company's growth in its home state.

BankUnited has 99 branches in 15 Florida counties.

Cornish was previously been the president and chief executive officer of Marsh & McLennan Agency for the Florida region, which serves the insurance needs of middle-market companies and affluent individuals. Earlier in his career, he was the city president for Miami at SunTrust (STI).

Cornish "is a well-known executive in Florida who has a longstanding knowledge of the market," Kanas said. "He will help our growth trajectory in Florida in a meaningful way."

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