SunTrust Promotes Exec to Lead Consumer, Wealth Management Operations

SunTrust Banks in Atlanta has promoted an executive to oversee its consumer banking and wealth management operations.

The $184 billion-asset company said in a press release Thursday that Tom Freeman will have oversight of consumer lending, branch banking, private wealth management, investment, consumer products and credit cards, effective Nov. 1. Freeman, who joined SunTrust in 2006, is the company’s chief risk officer.

Jerome Lienhard, chief executive of SunTrust Mortgage, will succeed Freeman as chief risk officer.

Dorinda Smith, who has led mortgage operations and sales support teams at SunTrust, will succeed Lienhard at the helm of SunTrust Mortgage. She recently was national production manager for the company’s correspondent channel.

Brad Dinsmore was chosen to head consumer banking, reporting to Freeman. Dinsmore, who was head of U.S. retail banking at Citigroup before joining SunTrust in 2011, will be in charge of physical branches and mobile and online banking.

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