Consumer banking exec leaves Truist amid management shakeup

Truist Financial 's chief consumer and small business banking officer, Donta Wilson , is leaving the bank as Chief Executive Mike Lyons overhauls leadership and divides responsibility for its consumer and small-business operations. The Charlotte, N.C.-based bank announced today that Shimna Sameer will become chief consumer banking officer, while Jeff Warner will join as chief small business banking officer, according to today's release. [caption id="attachment_57373018" align="alignright" width="300"] (Courtesy/Scott McIntyre/Bloomberg)[/caption] Both will report to Lyons, who became CEO Sept. 1 , succeeding Bill Rogers , who became executive chair after five years as chair and CEO. Rogers has been with Truist for nearly 47 years. Truist did not give a reason for Wilson's departure. Wilson, a 30-year veteran of the company, said in a LinkedIn post that he would help with the leadership transition through the end of 2026 before pursuing his next chapter. He said he remained optimistic about the bank's future. "Our foundation is strong: enduring client relationships, an incredible footprint, the best teammates in the industry and a purpose that truly matters," Wilson wrote. Leadership shuffle Sameer had been named to lead Truist Wealth but will instead oversee consumer banking. She spent more than 20 years at Bank of America in consumer banking, wealth management and private banking. Jeff Dunn and Bryan Cram will serve as interim co-heads of Truist Wealth, reporting to Chief Wholesale Banking Officer Kristin Lesher . Warner joins from PNC Financial Services Group , where he most recently led small business banking after more than 25 years at the company. Truist also named D. Steve Boland vice chair. Boland, a former Bank of America chief administrative officer and retail banking president, will help execute companywide priorities. By the numbers The reorganization comes as Truist seeks tighter expense controls and profitability. According to the bank's third-quarter earnings, released today, noninterest expense rose 3% year over year to $3.1 billion, compared with $3 billion a year earlier. Personnel costs increased 6% YoY to $1.9 billion, while software expenses climbed 9% YoY to $254 million. Truist is also divesting consumer lending portfolios as part of a broader review, according to its Q3 earnings presentation. It completed the sale of its $5.5 billion Regional Acceptance Corp. auto loan portfolio for $5.2 billion last month. On Oct. 14, it agreed to sell $7.7 billion of unsecured consumer loans representing substantially all LightStream assets to Carlyle Group , according to the earnings release. The bank reported Q3 net income of $799 million, down from $1.5 billion a year earlier, according to the earnings report. Stay up to date with all the news coming out of FinAi Lending Summit 2026 here .

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Consumer banking exec leaves Truist amid management shakeup

Bank reported noninterest expense of $3.1B, up 3% YoY

US banks block AI agents attempting to move money for customers

Why FICO built its own LLM

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