Mark Chancy, vice chairman and head of SunTrust Banks’ Consumer Segment, and Beau Cummins, corporate executive vice president and head of the Wholesale Segment, will become SunTrust’s co-chief operating officers.
They will assume responsibility for operations supporting their businesses and gain expanded responsibilities. Chancy will add oversight of Marketing and Data & Analytics, and Cummins will add oversight of Procurement and the SunTrust Efficiency Office.
“Mark Chancy and Beau Cummins are accomplished leaders with experience leading large organizations and delivering value for our clients, teammates, communities and shareholders. This expansion of their respective roles will build upon that success,” said Bill Rogers, SunTrust chairman and CEO.
Separately, Aleem Gillani, chief financial officer, announced his plans to retire from the company in the second quarter. He will be succeeded by Allison Dukes, currently head of Commercial Banking, effective March 31, 2018. Dukes will report to Rogers immediately to begin the transition and join the SunTrust Executive Council.
“Aleem Gillani’s tenure at SunTrust has propelled us forward, and we are a stronger company because of his leadership and strategic counsel,” said Rogers. “Allison Dukes has built an impressive track record of accomplishments since joining the company in 1997, including leadership roles in Commercial Banking, SunTrust Robinson Humphrey, Finance and Private Wealth Management.”
