#United States #Florida #Truist Financial #TFC

Truist Financial Corporation Expands Florida Presence

Truist Financial Corporation, trading under the ticker TFC on the NYSE, is bolstering its commercial banking and wealth management operations in Florida with key leadership appointments and an expansion of its advisory team. This move signifies Truist's commitment to fulfilling its strategic growth objectives and deepening its client relationships in high-potential markets.

New Leadership Appointments

In a recent announcement, Scott Cathcart has been appointed as the new Regional President for Florida. With over 20 years of experience in corporate finance and commercial banking at Truist, Cathcart has previously led the corporate finance team within the organization’s Commercial and Corporate Banking group. His role involves spearheading efforts to encourage economic growth throughout Florida and enhancing the bank's impact in the region. He is also an active member of the Florida Council of 100 and contributes to initiatives like Lift Orlando which aim to uplift communities by offering essential resources and mentorship.

Joining Cathcart in this growth momentum is Javier Suarez, who has been designated as the Market President for Miami-Dade and the Florida Keys. With nearly 15 years of banking experience, Suarez will be instrumental in managing the commercial banking team in one of Florida’s most dynamic regions, reporting directly to Cathcart.

Strategic Vision for Growth

According to Jodie Hughes, the Head of Commercial Banking at Truist, the organization is experiencing significant momentum and is actively investing in strategic markets to enhance its share. Hughes emphasized that both Cathcart and Suarez are mission-driven leaders with substantial expertise in Florida’s banking landscape. Their leadership is expected to fortify client relationships and expand Truist's footprint in the state.

Wealth Management Expansion

In conjunction with the new leadership, Truist Wealth is expanding its advisory team by adding six experienced advisors across Florida. This move aims to provide tailored wealth planning services to affluent individuals, families, and business owners. The new advisors include:

• - Joachim Bruneau - Senior Vice President and Wealth Advisor, Miami
• - Bill Burnett - Senior Vice President and Wealth Advisor, Jupiter
• - Amanda Butterworth - Senior Vice President and Wealth Advisor, Palm Beach
• - P.J. Nassar - Senior Vice President and Wealth Advisor, Tampa
• - Hernan Fonseca - Vice President and Financial Advisor, Tampa
• - Robert Tweeddale - Vice President and Financial Advisor, Stuart

Brian Dowhower, Head of Truist Wealth, stated that the newly appointed advisors embody the bank's purpose-driven wealth management philosophy, which focuses on aligning clients' financial strategies with their overall life goals. The emphasis on personalized guidance is set to enhance Truist's reputation and service offerings in Florida.

Continued Commitment

These appointments come on the heels of another strategic addition to Truist’s leadership. Charles Alston recently joined the bank as the new head of the Nonprofit Hospitals, Higher Education, and Government (HHG) banking team. Alston, who operates out of Jacksonville, brings specialized experience to the Truist Specialized Industries team.

As a purpose-driven financial institution, Truist Financial Corporation aims to inspire and build better lives and communities. Headquartered in Charlotte, North Carolina, the bank holds substantial market shares in many high-growth areas across the U.S. Offering a wide range of services, including commercial and corporate banking, investment banking, wealth management, and specialized lending, Truist is well-positioned to meet the diverse needs of its clients. As of June 30, 2025, Truist reported total assets of $544 billion, demonstrating its robust financial stance in the industry.

For more information about Truist and its services, visit Truist.com.