WINSTON-SALEM, N.C.,
Dec. 18, 2018 /PRNewswire/
-- BB&T (NYSE: BBT) has named banking veteran
and executive vice president Mark
Grover to lead its Corporate Banking Energy team
following the retirement of Jeff
Forbis, who started and led the group for more than seven
years. In an expanded role, Grover will manage BB&T's team of
lenders focused on the upstream and midstream sectors of the oil
and gas industry in addition to his ongoing management of
BB&T's corporate banking team in the Southwest.
"Mark is a proven, experienced banker and a valued member of our
national Corporate Banking leadership team," said Financial
Services and Commercial Finance Manager Rufus Yates. "His vast knowledge of the
corporate energy market, along with his extensive career managing
client relationships, makes him a perfect strategic fit as BB&T
continues its commitment to helping energy clients access capital
from a trusted and proven partner."
With 32 years in the financial services industry, Grover has
extensive experience in credit administration, middle market
banking, specialized industry banking and the large corporate
market. He joined BB&T Capital Markets in 2010 to lead its
Corporate Banking efforts in Texas, after spending 24 years with Comerica
Bank. He joins a team of industry-leading corporate energy bankers
including Ryan Michael in
Denver and DeVon Lang, Parul
June and Bobby
Kret in Houston. The
team's underwriting and portfolio management team is led by
James Giordano, who is also based in
Houston and leads a dedicated team
of three portfolio managers.
Grover holds a bachelor's degree in economics and management
from Albion College and an MBA from the
Ross School of Business at the University of
Michigan. He is a board member of the Dallas Hearing
Foundation and an active leader for the Boy Scouts of America.
Forbis joined BB&T in 2011 to lead the formation of
BB&T's energy lending practice, which has become an
accomplished team of professionals with a highly effective
go-to-market strategy as a relationship bank.
"We are thankful to Jeff for laying a strong foundation and
building an important corporate banking vertical for BB&T,"
Yates added. "He effectively led us through turbulent times in the
energy sector, and we wish him all the best in his retirement."
In addition to energy lending, BB&T Capital Markets has an
investment banking team led by Managing Director Robert Birdsey that provides debt and equity
origination to energy companies. For more information on the other
members of BB&T's Corporate Banking team throughout the U.S,
please click here.
About BB&T
BB&T is one of the largest financial services holding
companies in the U.S. with $222.9
billion in assets and market capitalization of approximately
$37.4 billion as of September 30, 2018. Building on a long tradition
of excellence in community banking, BB&T offers a wide range of
financial services including retail and commercial banking,
investments, insurance, wealth management, asset management,
mortgage, corporate banking, capital markets and specialized
lending. Based in Winston-Salem,
N.C., BB&T operates more than 1,900 financial centers in
15 states and Washington, D.C. and
is consistently recognized for outstanding client service by
Greenwich Associates for small business and middle market banking.
More information about BB&T and its full line of products and
services is available at BBT.com.
BBT.com
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SOURCE BB&T Corporation