Smith Named Chief Information & Operations Officer at First Citizens BancShares, First Citizens Bank

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First Citizens BancShares, Inc. announced the appointment of Gregory L. Smith as the Chief Information & Operations Officer for BancShares and its subsidiary, First-Citizens Bank & Trust Company. Smith will be responsible for technology, operations, cyber, and data functions across the enterprise, reporting to Chairman and CEO Frank B. Holding, Jr. With extensive experience in transformation and technology leadership roles at best-in-class organizations, Smith's appointment aims to drive excellence and innovation as the company continues to grow and evolve. Smith joins from TD Bank Financial Group in Toronto, Canada, where he served in various leadership roles, setting the vision and building key capabilities for end-to-end transformational change.

RALEIGH, N.C., Jan. 16, 2024 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") announced today that Gregory L. Smith has joined the company as an executive officer and Chief Information & Operations Officer (CIOO) for BancShares and its subsidiary, First-Citizens Bank & Trust Company ("First Citizens Bank"). In this newly created position on the bank's executive leadership team, Smith will be responsible for the strategic enablement of technology, operations, cyber and data functions across the enterprise. He will report to Chairman and CEO Frank B. Holding, Jr.

"As First Citizens continues to grow and evolve, it's critical that we enable business capabilities to continue driving excellence and innovation," Holding said. "Greg has worked in operations, transformation and technology leadership roles at best-in-class organizations, and his extensive background and depth of experience make him well-suited to take on this important role for our company."

Smith joins First Citizens from TD Bank Financial Group in Toronto, Canada, where he worked from 2019 to 2023. Most recently, he served as head of Transformation and Corporate Operations. In this leadership role, he set the vision and built key capabilities to drive end-to-end transformational change. He also was responsible for managing corporate projects and technology platforms.

Prior to that role, Smith served as head of North American Contact Centers & ATM Channels and as head of North American Customer Operations for TD Bank Financial Group. Prior to his Canadian assignment, he held various leadership positions at TD Bank, NA in the U.S. (2010-2019), including serving as head of Shared Services from 2014 to 2019, the National Australia Bank in Melbourne, Australia (2006-2010), and General Electric (1990-2006).

A graduate of Saint Michael's College in Colchester, Vt., Smith received bachelor's degrees in both computer science and business administration. He also earned his MBA from Clarkson University in Potsdam, N.Y.

About First Citizens BancShares

First Citizens BancShares, Inc. (Nasdaq: FCNCA), a top 20 U.S. financial institution with more than $200 billion in assets, is the financial holding company for First Citizens Bank. Headquartered in Raleigh, N.C., First Citizens Bank has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens Bank offers an array of general banking services including a network of more than 500 branches and offices in 30 states; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank. Discover more at firstcitizens.com.

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SOURCE First Citizens BancShares, Inc.

FAQ

Who is the new Chief Information & Operations Officer for First Citizens BancShares, Inc. and its subsidiary?

Gregory L. Smith has joined as the new CIOO for BancShares and its subsidiary, First-Citizens Bank & Trust Company.

What will be Gregory L. Smith's responsibilities in the new position?

Smith will be responsible for the strategic enablement of technology, operations, cyber, and data functions across the enterprise.

Where did Gregory L. Smith work before joining First Citizens BancShares, Inc.?

Smith joins from TD Bank Financial Group in Toronto, Canada, where he served in various leadership roles, including head of Transformation and Corporate Operations.

What are Gregory L. Smith's qualifications?

Smith is a graduate of Saint Michael's College in Colchester, Vt., with bachelor's degrees in computer science and business administration, and an MBA from Clarkson University in Potsdam, N.Y.