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 and Florida wildlife officials work to disentangle right whale No. 5217, called Division, off St. Simons Island on Dec. 4. (Courtesy o Clearwater Marine Aquarium Research Institute)

Credit: Special

Featured

Waymo autonomous vehicles operate across 65 square miles inside I-285 and have been involved in six incidents with Atlanta Public School buses since May. Waymo issued a recall because of their cars briefly stopping or slowing down before continuing forward while a bus was stopped and flashing its lights. (Courtesy of Atlanta Public Schools)

Credit: Courtesy of Atlanta Public Schools