James B. Miller Jr., the chairman of Fidelity Southern Corp. in Atlanta, has succeeded Larry Peterson as the president and chief executive of its Fidelity Bank.
In a press release Monday, Mr. Peterson said he resigned from the posts, which he had held since 1997, because he had accomplished his mission of addressing regulatory issues at the $1 billion-asset bank.
A September 2001 order from the Office of the Comptroller of the Currency that it strengthen its management, raise capital ratios, and review loan policies was terminated in June 2002. A year later Fidelity switched to a state charter and its holding company changed its name, from Fidelity National Corp.
Mr. Peterson also relinquished a vice presidency at the holding company, which he had also held since 1997.