SunTrust Banks has appointed a new chief executive for its GenSpring Family Offices wealth management subsidiary.

Thomas Carroll, the head of Atlanta-based bank’s sports and entertainment division, was announced Thursday as the successor Maria Elena “Mel” Lagomasino, who is leaving GenSpring after seven years.

GenSpring provides independent investment advice for ultra-high-net worth families. Carroll is a 16-year veteran of SunTrust, and most recently managed the company’s extensive private wealth management group for pro athletes, entertainers and entertainment industry executives and institutions.

About the Author

Keep Reading

Georgia lost 3,200 jobs in September after posting job gains in August. Still, employment remains positive over the year, with the state adding 24,300 jobs. (Hyosub Shin/AJC 2023)

Credit: Hyosub Shin/AJC

Featured

A MARTA operator is seen inside the control room of one of the new MARTA trains during the unveiling of these trains on Thursday, Jan. 30, 2025. (Miguel Martinez/AJC)

Credit: Miguel Martinez-Jimenez