Richard Anthony, chairman and chief executive officer of Synovus Financial Corp., has been elected to a three-year term as a member of the American Bankers Association's board of directors.
ABA is the nation’s largest bank trade association, representing community, regional and money center banks and bankholding companies, savings associations, trust companies and savings banks. The association provides educational benefits and programs for its members and the public, represents the industry in Washington and speaks for the industry in the media.
The ABA board is the association’s governing body.
"I am honored to be selected to represent our company and this region as a member of such a prestigious group of financial professionals," Anthony said in a statement issued Friday by Synovus. "I hope my service to this group will contribute to elevating the impact of banks of all sizes on issues of national importance for financial institutions and their customers."
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Anthony joined Synovus in 1992 when the company merged with First Commercial Bancshares of Birmingham, Ala. He served as president of Synovus Financial Corp. of Alabama from 1993 until 1995, when he was elected vice chairman of the holding company. In that position he was responsible for the management of all of the company’s affiliate banks and its mortgage company.
Anthony was elected president and chief operating officer of Synovus in 2003 and served in that role until being named CEO and president in July 2005. In October 2006, he was elected chairman of the board and CEO, succeeding longtime Synovus leader Jim Blanchard.
Columbus-based Synovus oversees more than $33 billion in assets. The company has 37 banks and other Synovus offices in Georgia, Alabama, South Carolina, Florida and Tennessee. It also has an 81-percent stake in TSYS, one of the world’s largest companies for outsourced payment services.