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

Fans gather before the World Cup draw party at Buckhead Village in Atlanta on Friday, Dec. 5, 2025. (Arvin Temkar/AJC)

Credit: arvin.temkar@ajc.com

Featured

Democrat Eric Gisler celebrated his Tuesday election victory at the Trappeze Pub in Athens, Ga. (AP)

Credit: AP