Union Bank & Trust Announces New Commercial Banking and Treasury Management Hires
March 29 2018 - 8:15AM
Union Bank & Trust (“Union”) today announced leadership
additions to the Commercial Banking and Treasury Management teams.
R. Craig Parrent, Donna Bennett and Jay G. Kenslow have joined the
bank as Senior Vice Presidents.
“Having highly regarded leaders like Craig, Donna and Jay join
our team will further our momentum as we continue to expand in the
commercial banking, not-for-profit and municipal markets,” said
John Stallings, President of Union Bank & Trust.
Parrent will start on April 2, 2018 as Western Virginia
Commercial Team Leader. He will also serve as Market
Executive for Greater Roanoke, Lynchburg and the New River
Valley. Parrent joins Union from SunTrust, where he was
Western Virginia Commercial Banking Team Lead and Market President
for Roanoke and the New River Valley. Parrent has been a
commercial banker for 20 years, starting at Wachovia before joining
SunTrust in 2003. He will report to John Young, Regional
President for Western Virginia.
After a transition period, Rick Webster, current Regional
President for Roanoke, will focus on developing and leading Union’s
commercial banking strategy in North Carolina, where he previously
led commercial banking for a North Carolina financial
institution.
Bennett was named Treasury Management Sales Manager leading our
treasury management sales and deposit growth effort throughout
Virginia, North Carolina and Maryland. Most recently with
United Bank, she began her 30 year banking career at Signet and its
successors. A new position for Union, Bennett will report to Jeff
Skoog, Senior Vice President and Director of Treasury Services.
Kenslow was named Commercial Team Leader for Southside Hampton
Roads focusing on commercial and industrial clients. A
commercial banker for more than 15 years, he was most recently at
PNC. Prior to PNC, Kenslow was with TowneBank. He will
report to Andy Hodge, Market Executive for Southside Hampton
Roads.
“As career Virginia bankers, Craig, Donna and Jay have the
expertise and local knowledge to hit the ground running - helping
businesses succeed by bringing advice and relevant solutions to our
clients,” said David Ring, Executive Vice President and Commercial
Banking Group Executive.
ABOUT UNION BANKSHARES
CORPORATIONHeadquartered in Richmond, Virginia, Union
Bankshares Corporation (NASDAQ:UBSH) is the holding company for
Union Bank & Trust, which has 150 branches, 39 of which are
operated as Xenith Bank, a division of Union Bank & Trust of
Richmond, Virginia, and approximately 220 ATMs located throughout
Virginia and in portions of Maryland and North Carolina.
Union Bank & Trust also operates Shore Premier Finance, a
specialty marine lender. Non-bank affiliates of the holding
company include: Union Mortgage Group, Inc., which provides a full
line of mortgage products, Old Dominion Capital Management, Inc.,
which provides investment advisory services, and Union Insurance
Group, LLC, which offers various lines of insurance products.
Contact: Bill Cimino
(804) 448-0937, VP and Director of Investor Relations
Union Bankshares Corp (NASDAQ:UBSH)
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