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

Among the many companies that could be affected by passage of the Trump bill is Qcells, the Korean-owned solar giant with a massive manufacturing presence in Georgia and just over 4,000 employees. (Miguel Martinez/AJC)

Credit: Miguel Martinez-Jimenez

Featured

UPS driver Dan Partyka delivers an overnight package. As more people buy more goods online, the rapid and unrelenting expansion of e-commerce is causing real challenges for the Sandy-Springs based company. (Bob Andres/AJC 2022)

Credit: TNS