Atlantic Union Bank has named David Zimmerman Middleburg Financial president.
Zimmerman is responsible for leading the wealth management division of Atlantic Union Bank, including investment services, retirement planning, insurance, asset management, private banking and trust services for individuals and institutions.
“David brings more than 30 years of financial services experience to Middleburg Financial and will help us become known as the premier wealth management service provider across our footprint,” said Maria P. Tedesco, president of Atlantic Union Bank. “We believe that his expertise will play a key role in our leadership team’s effort to provide personalized wealth strategies and advice to our customers. His goal is to build an organization that provides holistic financial solutions and a seamless experience for our customers.”
Zimmerman was most recently president and CEO of First Citizens Investor Services, in Raleigh, NC, where he was responsible for driving organizational development, accelerating growth and profits while sharpening the team’s efficiency and effectiveness. His previous roles include senior regional brokerage manager for Wells Fargo Advisors in Beverly Hills, CA, and other diverse positions at Prudential Services, RBC Dain Rauscher, PaineWebber and Shearson Lehman Brothers.
Headquartered in Richmond, VA, Atlantic Union Bankshares is the holding company for Atlantic Union Bank.
