Synovus Names Tom Dierdorff Head of Corporate & Investment Banking

Rhea-AI Summary

Synovus Bank has appointed Tom Dierdorff as the new Head of Corporate & Investment Banking (CIB), effective November 29. Dierdorff brings over 25 years of experience in financial services, previously holding positions at Regions Bank and SunTrust Robinson Humphrey. His leadership is expected to drive growth and expansion of Synovus' CIB division, which will focus on delivering tailored banking and capital markets solutions to complex public and private companies. Synovus plans to hire additional talent to enhance its CIB capabilities.

Positive

• Appointment of Tom Dierdorff expected to drive growth in CIB.
• Dierdorff has extensive experience in financial services.
• CIB aims to provide tailored solutions to larger public and private firms.
• Expansion plans include onboarding new talent.

Negative

• None.

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Bank today announced the appointment of Tom Dierdorff as its new Head of Corporate & Investment Banking (CIB), effective November 29. Dierdorff most recently served as managing director and group head of financial services for Regions Bank and Regions Securities. Prior to Regions, he worked at SunTrust Robinson Humphrey for seven years where he built a universal banking coverage effort managing investment banking and corporate finance relationships with North America, Europe, and Bermuda-based property-casualty insurers, life insurers, insurance services providers, and financial sponsors active in the sector. He also worked in financial institutions corporate & investment banking for nine years at Wachovia Securities and predecessor firms.

Synovus Bank today announced the appointment of Tom Dierdorff as its new Head of Corporate & Investment Banking (CIB), effective November 29. (Photo: Business Wire)

“Tom is an innovative and strategic leader with a proven track record of success in his more than 25 years of experience in the financial services industry,” said Kevin Blair, president and CEO of Synovus. “We look forward to the growth opportunities that he’ll bring to Synovus as he builds out our CIB business and extends advice-based solutions to an expanded client base.”

Synovus’ CIB line of business will deliver banking and capital markets solutions to larger, more complex, and select public and private equity-backed companies – introducing an opportunity for expansion and growth. The CIB team will be built around specific industry specialties to allow for customized and expert advice related to credit and depository products, syndicated finance, interest rate derivatives, and debt and equity capital markets solutions. Synovus will continue to onboard new talent over the coming months.

Dierdorff earned his Bachelor of Arts in Economics and German from Washington and Lee University and his Master of Business Administration from Wake Forest University.

Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and retail banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, and international banking through 283 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com, and on Twitter, Facebook, LinkedIn, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211129005447/en/

Alison Dowe

Media Relations

(706) 641-3781

Source: Synovus Financial Corp.

FAQ

Who is the new Head of Corporate & Investment Banking at Synovus?

Tom Dierdorff has been appointed as the new Head of Corporate & Investment Banking at Synovus Bank, effective November 29.

What experience does Tom Dierdorff bring to Synovus?

Tom Dierdorff brings over 25 years of experience in financial services, having previously worked at Regions Bank and SunTrust Robinson Humphrey.

What is the focus of Synovus' Corporate & Investment Banking division?

The CIB division will deliver banking and capital markets solutions to larger, more complex public and private equity-backed companies.

When is Tom Dierdorff's appointment effective?

Tom Dierdorff's appointment as Head of Corporate & Investment Banking is effective November 29.

What growth opportunities are expected from Tom Dierdorff's leadership?

Tom Dierdorff is expected to bring growth opportunities by expanding Synovus' CIB business and offering expert advice to clients.