BB&T named banking veteran and Executive Vice President Mark Grover to lead its Corporate Banking Energy team. He succeeds Jeff Forbis, who is retiring after starting and leading the group for more than seven years.
In his 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.
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.”