/PRNewswire/ -- BB&T today said it has named Bill Kilburg as president of its Peachtree City-based South Atlanta Region.
Kilburg, who joined BB&T in 2005, previously managed BB&T's Middle Market Banking Group in metro Atlanta. The 45-year-old succeeds Derek Lane, who was named to head BB&T's Greensboro, N.C.-based Sales Finance Department.
The South Atlanta Region has more than $1.7 billion in deposits and 31 financial centers. Regional presidents at BB&T are responsible for commercial banking, small business banking, retail banking and retail mortgage banking.
"Bill is an experienced banker and exceptional leader," said Lars Anderson, president of BB&T's Georgia operations. "His leadership is measured not only in the financial success of his team, but in the positive impact he's had in developing employees and as an important member of our Metro Atlanta senior leadership team. His market knowledge and leadership skills will serve him very well in his new role."
Kilburg has 22 years banking experience and previously served as a manager and relationship officer at former banks Barnett Bank and SouthTrust in corporate, institutional and middle market banking. He earned his bachelor's degree in Finance from Florida State University.
Lane, a Greensboro native who joined BB&T in 1987, had served as president of the South Atlanta Region since March 2008. He previously served as senior credit officer for Atlanta area operations since 2002.
"Derek made significant and lasting contributions to BB&T's foundation in Georgia," Anderson said. "He is a committed, respected, intelligent and highly productive leader, and we're proud to see him earn this outstanding leadership opportunity."
BB&T divides its footprint into autonomous community bank regions - each with its own president - to keep decisions close to the customer. BB&T also operates a Buckhead-based North Atlanta Region.
At Sept. 30, Winston-Salem, N.C.-based BB&T Corporation (NYSE:BBT) had $165.3 billion in assets and operated more than 1,800 financial centers in 13 states and Washington, D.C. More information about the company is available at BBT.com.
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