Coppedge retires after 40-year banking career
WINSTON-SALEM, N.C., March 28, 2017 /PRNewswire/ — BB&T today announced Jim Daly has been named president of its West Florida Region. Daly, who previously served as a Community Banking group executive in Winston-Salem, N.C., assumed his new role effective March 26, 2017. He replaces Ken Coppedge who retired March 17, 2017.
“Jim brings a wealth of proven leadership, banking experience and insights to our strong community banking approach,” said David Weaver, president, BB&T Community Banking. “Our presence in West Florida continues to be paramount to our overall growth strategy. Jim’s commitment to our clients and communities will be vital to our continued success in this important region.”
Daly, 56, has more than 30 years of banking experience. During his 28-year tenure with BB&T, he has served in various leadership positions including, commercial banker, corporate banker and city executive in Greensboro, N.C., and an area executive in Durham, N.C. He was named Hampton Roads regional president in 2002, Peninsula regional president in 2003 following the acquisition of First Virginia Banks Inc., and North Florida regional president in 2004. He was named Community Banking group executive in 2010.
“I am excited for the opportunity to work with our great teams and clients in West Florida,” Daly said. “This is an area that has great growth potential, and I look forward to the prospect of continuing our outstanding client service and success.”
A native of Columbus, Ohio, Daly is active in the community. He has served as a board member, YMCA of Northeast Florida; board member, United Way of Northeast Florida; board member, Hampton Roads Chamber of Commerce; board member, Hampton Roads Economic Development Alliance; board member, Virginia Marine Science Museum; and as an advisory board member, Children’s Hospital of the King’s Daughters. He also continues to be an active supporter in local United Way efforts. Daly earned his bachelor’s degree in economics from Washington and Lee University, Lexington, Va.
“Ken’s contributions to BB&T and the region will be missed,” Weaver said. “During his tenure at BB&T he earned the respect and admiration of clients and colleagues. We wish him all the best in this new chapter of his life.”
Coppedge, 62, has 40 years of banking experience, including 19 years with Wachovia Bank. He joined BB&T in 2004 with the acquisition of Republic Bancshares Inc. of St. Petersburg, Fla. While at Republic Bank, he served as chief operating officer. Coppedge was named BB&T regional president in 2004.
“Leading the West Florida Region has been some of the most rewarding times in my entire career,” Coppedge said. “Working with the tremendous clients and excellent banking team has truly been a privilege.”
BB&T operates 326 financial centers in Florida and divides its footprint into community bank regions – each with its own president – to keep decisions local and close to the customer.
BB&T is one of the largest financial services holding companies in the U.S. with $219.3 billion in assets and market capitalization of $38.1 billion as of Dec. 31, 2016. Based in Winston-Salem, N.C., the company operates 2,196 financial centers in 15 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by the U.S. Small Business Administration, Greenwich Associates and others. BB&T also has been named one of the World’s Strongest Banks by Bloomberg Markets Magazine, one of the top three in the U.S. and in the top 15 globally. More information about BB&T and its full line of products and services is available at BBT.com.