Bank Watch

BB&T names new president

A BB&T logo hangs atop the company’s Winston-Salem headquarters in this 2009 file photo.
A BB&T logo hangs atop the company’s Winston-Salem headquarters in this 2009 file photo. BLOOMBERG NEWS

BB&T Corp. on Wednesday announced its chief operating officer has been promoted to also serve as president of the corporation and its banking subsidiary, Branch Banking and Trust Company.

Chris Henson, 55, has served as COO since January 2009 and worked for the Winston-Salem company for more than three decades. His new appointments are effective immediately.

Henson takes over as head of the banking subsidiary from Winston-Salem-based Ricky Brown, whose retirement was announced earlier this year and became effective Dec. 15.

Henson, who will remain based in Winston-Salem, will also begin overseeing BB&T’s community-banking division starting next year, the company said Wednesday. Brown was president of that division prior to retiring. David Weaver was named to that role earlier this year and will report to Henson.

Henson will continue to report to Kelly King, BB&T’s 68-year-old chairman and CEO. In a statement, King said Henson has shown “exceptional leadership” and called it a “well-deserved” promotion by the company’s board.

BB&T’s board has not set a retirement date or age for King. In a statement the company said King expects to remain chairman and CEO “for the foreseeable future.”

“With BB&T’s executive management team averaging 24 years of tenure with the company and a proven succession plan in place, BB&T is well positioned what lies ahead,” the company said.

BB&T is the third-biggest bank by deposits in the Charlotte region.

Deon Roberts: 704-358-5248, @DeonERoberts

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