Bank of South Carolina Corporation Announces Management Succession Plan
Bank of South Carolina (OTCQX: BKSC) has announced key leadership changes effective January 1, 2026. Douglas H. Sass will retire as Executive Vice President & Senior Lender after 31 years with the bank, though he will remain on the Board of Directors and continue commercial lending activities.
The bank has appointed Robert M. Hollings, III as the new Senior Lender and Jennifer A. Arato as Chief Credit Officer. Hollings, who joined in 2010, currently serves as Senior Vice President. Arato, with the bank since 2002, has been Credit Department Manager since 2006.
President and CEO Eugene H. Walpole, IV expressed confidence in the succession plan, highlighting Sass's contributions during his tenure and the strong leadership qualities of the incoming executives.
La Bank of South Carolina (OTCQX: BKSC) ha annunciato importanti cambiamenti nella leadership a partire dal 1 gennaio 2026. Douglas H. Sass andrà in pensione come Vice Presidente Esecutivo e Senior Lender dopo 31 anni di servizio presso la banca, ma rimarrà nel Consiglio di Amministrazione e continuerà le attività di prestito commerciale.
La banca ha nominato Robert M. Hollings, III come nuovo Senior Lender e Jennifer A. Arato come Chief Credit Officer. Hollings, che è entrato a far parte della banca nel 2010, attualmente ricopre il ruolo di Vice Presidente Senior. Arato, presente in banca dal 2002, è stata Manager del Dipartimento Crediti dal 2006.
Il Presidente e CEO Eugene H. Walpole, IV ha espresso fiducia nel piano di successione, evidenziando i contributi di Sass durante il suo mandato e le forti qualità di leadership dei nuovi dirigenti.
El Bank of South Carolina (OTCQX: BKSC) ha anunciado cambios clave en el liderazgo, efectivos a partir del 1 de enero de 2026. Douglas H. Sass se retirará como Vicepresidente Ejecutivo y Senior Lender tras 31 años en el banco, aunque permanecerá en la Junta Directiva y continuará con las actividades de préstamos comerciales.
El banco ha designado a Robert M. Hollings, III como nuevo Senior Lender y a Jennifer A. Arato como Directora de Crédito. Hollings, quien se unió en 2010, actualmente se desempeña como Vicepresidente Senior. Arato, que ha estado en el banco desde 2002, ha sido Gerente del Departamento de Crédito desde 2006.
El Presidente y CEO Eugene H. Walpole, IV expresó confianza en el plan de sucesión, destacando las contribuciones de Sass durante su mandato y las fuertes cualidades de liderazgo de los ejecutivos entrantes.
사우스 캐롤라이나 은행 (OTCQX: BKSC)는 2026년 1월 1일부터 시행되는 주요 리더십 변화를 발표했습니다. 더글라스 H. 사스는 31년간 은행에서 근무한 후 부사장 및 선임 대출 담당자로서 은퇴하지만, 이사회에 남아 상업 대출 활동을 계속할 것입니다.
은행은 로버트 M. 홀링스 III를 새로운 선임 대출 담당자로, 제니퍼 A. 아라토를 신용 담당 최고 책임자로 임명했습니다. 홀링스는 2010년에 합류했으며 현재 부사장으로 재직 중입니다. 아라토는 2002년부터 은행에 재직해왔으며 2006년부터 신용 부서 관리자 역할을 맡고 있습니다.
회장 겸 CEO 유진 H. 월폴 IV는 후계 계획에 대한 신뢰를 표명하며, 사스의 재임 기간 동안의 기여와 새로 임명된 임원들의 강력한 리더십 자질을 강조했습니다.
La Bank of South Carolina (OTCQX: BKSC) a annoncé des changements clés dans la direction, effectifs à partir du 1er janvier 2026. Douglas H. Sass prendra sa retraite en tant que Vice-Président Exécutif et Senior Lender après 31 ans au sein de la banque, mais il restera au Conseil d'Administration et continuera ses activités de prêt commercial.
La banque a nommé Robert M. Hollings, III comme nouveau Senior Lender et Jennifer A. Arato comme Directrice du Crédit. Hollings, qui a rejoint la banque en 2010, occupe actuellement le poste de Vice-Président Senior. Arato, qui travaille dans la banque depuis 2002, est Responsable du Département de Crédit depuis 2006.
Le Président et CEO Eugene H. Walpole, IV a exprimé sa confiance dans le plan de succession, soulignant les contributions de Sass pendant son mandat et les fortes qualités de leadership des nouveaux dirigeants.
Die Bank of South Carolina (OTCQX: BKSC) hat wesentliche Veränderungen in der Führung bekannt gegeben, die am 1. Januar 2026 in Kraft treten. Douglas H. Sass wird nach 31 Jahren bei der Bank als Executive Vice President und Senior Lender in den Ruhestand gehen, bleibt jedoch im Vorstand und wird weiterhin im Bereich der gewerblichen Kredite tätig sein.
Die Bank hat Robert M. Hollings, III als neuen Senior Lender und Jennifer A. Arato als Chief Credit Officer ernannt. Hollings, der 2010 zur Bank kam, ist derzeit Senior Vice President. Arato, die seit 2002 bei der Bank ist, leitet seit 2006 die Kreditabteilung.
Präsident und CEO Eugene H. Walpole, IV äußerte Vertrauen in den Nachfolgeplan und hob Sass' Beiträge während seiner Amtszeit sowie die starken Führungsqualitäten der neuen Führungskräfte hervor.
- Smooth leadership transition with internal promotions indicates strong succession planning
- Retention of Douglas Sass's expertise through continued board membership and lending activities
- New leaders have significant experience within the bank (Hollings 16 years, Arato 24 years)
- Loss of 31-year veteran executive from daily operations could impact institutional knowledge transfer
A
Mr. Hollings has been with the Bank since 2010, starting his career as a Personal Banker before taking on a variety of roles in credit, lending, and business development. Most recently, he has served as Senior Vice President since 2022. A
Ms. Arato has been with the Bank since 2002, having begun her career as a Personal Banker prior to advancing to Assistant Vice President, Vice President, and Senior Vice President. Moreover, she has served as the Credit Department Manager since 2006. A graduate of the College of
Eugene H. Walpole, IV, President and Chief Executive Officer, remarked, "This announcement marks the successful conclusion of a carefully planned and thorough process that ensures the Bank will continue to benefit from strong, experienced leadership. Over the past 13 years, I have had the privilege of working closely with Doug, and I sincerely appreciate the countless contributions he has made to our employees, customers, and shareholders throughout his remarkable 31-year tenure with the Bank. I'm equally excited to welcome Robbie and Jen to our management team on January 1, 2026. Their dedication and commitment to our continued growth and success have rightfully earned them this opportunity, and I have full confidence in their ability to drive the Bank toward even greater achievements in the years to come."
About Bank of South Carolina Corporation
The Bank of South Carolina Corporation is the holding company of The Bank of South Carolina ("The Bank"). The Bank is a
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SOURCE BANK OF SOUTH CAROLINA
FAQ
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