Allen Taber has been named the new president and Chief Executive Office of SunTrust Bank, West Georgia it was announced late Wednesday afternoon.
Taber, who has been with the bank for 31 years, has been a regional executive vice president for all of the markets south of Atlanta. His duties for the last seven years have included being the senior credit officer for commercial real estate.
Taber replaces Frank Etheridge III, who announced his retirement in March. Etheridge, who has been local president for 21 years, leaves his post at the end of the week.
"I would call this a reward for making banking a career and being committed to the same company and the same market for 30-plus years," said Taber, 54.
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Taber has lived in Columbus since elementary school. He is a 1972 graduate of Columbus High School. He started college at Auburn and finished at Columbus State University.
Because his role in the last few years with SunTrust has been a regional one, he said one of the first things he will do is spend time relearning the Columbus and LaGrange, Ga., operations.
"What I have to do is get myself back into the local market, and that means getting back involved in the commercial and retail side of the bank on a local basis," he said.
Taber has been involved in community activities in Columbus. He serves of the Development Authority of Columbus and is a member of Uptown Columbus Inc.'s executive board.
Following Etheridge will be difficult, Taber said.
"Frank has had a great impact in the bank and in the community," Taber said. "I look at it as a tremendous opportunity to fill his shoes."
Etheridge had a hand in selecting his successor.
"I have worked with Allen for 21 years in Columbus," Etheridge said. "Many times, he has been my right-hand man. I think the bank will keep on trucking like it has been doing."