MIAMI, Oct. 11, 2011 /PRNewswire/ -- Capital Bank, NA
today announced the appointment of Ken
Kavanagh as Florida Consumer Banking Executive. Kavanagh
will oversee the bank's 37 branches in Miami-Dade, Broward, Collier, Lee,
Monroe and Sarasota counties, reporting directly to
Capital Bank CEO, Gene Taylor.
This appointment reflects Capital Bank's commitment to its
customers to provide excellent customer service and its continued
investment in Florida and the
greater southeastern United
States.
"Capital Bank's business plan is based on building strong retail
customer relationships," said Taylor. "Appointing a retail
executive of Ken's caliber signals our commitment to this
strategy."
Kavanagh's experience includes 25 years in retail banking. Prior
to joining Capital Bank, he was Executive Vice President of
Citibank where he oversaw 352 branches in eight states including
Florida. Kavanagh also served as
Consumer Market Executive South Florida, Northwest Florida Market
President and Texas Regional Consumer Executive at Bank of
America.
Kavanagh will work in Capital Bank's Miami office. He is a Miami native and a graduate of Florida State University.
About Capital Bank
Capital Bank, N.A. was formed in July
2010 as the banking subsidiary of North American Financial
Holdings, Inc., a bank holding company incorporated in 2009 with
the goal of creating a regional banking franchise in the
Southeastern United States. With
approximately $7 billion in total
assets and more than 1,500 employees, Capital Bank offers a broad
range of financial services and operates 146 branches in
Florida, North Carolina, South Carolina, Tennessee and Virginia. More information on Capital Bank is
available at www.capitalbank-us.com.
SOURCE Capital Bank