Synovus Financial Company Profile: A Comprehensive Overview
Synovus Financial Company Profile: A Comprehensive Overview
Synovus Financial Corp.
NYSE: SNV
1111 Bay Avenue
Suite 500
Columbus, GA 31901
United States
Main Phone: (706) 641-6500
Website: https://www.synovus.com
Industry: Financial Services - Banks - Regional
Full Time Employees: 4,806
Fiscal Year End: December 31, 2024
Annual Revenue: $1.75 Billion
CEO: Kevin S. Blair
Auditor: KPMG since 1975
Key Highlights
- Synovus Financial Corp. is a financial services company with deep roots in the Southeastern United States, headquartered in Columbus, Georgia.
- The company boasts a rich history dating back to 1888 and has grown its presence significantly through strategic mergers and acquisitions.
- Synovus offers a range of financial products and services, catering to individual, business, and corporate banking needs across its various segments.
- The leadership team at Synovus displays extensive experience in the financial services sector, with key members having joined through internal promotions and strategic hires.
- With a focus on innovation and customer experience, Synovus continues to adapt to the evolving financial landscape and is dedicated to delivering value to its customers and shareholders.
Introduction
Synovus Financial is a top financial services company. They work hard to give great banking experiences to both people and businesses. Known as a good place to work, Synovus also values getting involved in the community. Their corporate strategy focuses on building strong relationships with customers, encouraging new ideas, and making sure they provide lasting shareholder value. This strong commitment to these core values has made Synovus a trusted financial partner in the Southeast.
Leadership at Synovus Financial
Synovus Financial is proud of its strong leadership team. This team has many years of experience and a good understanding of the financial services industry. The leaders are important in guiding the company’s goals. They work to create a teamwork culture and help the company grow steadily and earn good profits.
The CEO and President, together with other executive vice presidents, work closely to manage different parts of the business. They look after financial results, make sure rules are followed, encourage new technology, and improve customer experience. These leaders bring a lot of knowledge to their jobs, helping Synovus succeed in the financial market.
Kevin Blair: Steering Synovus as President, CEO, and Chairman
Kevin Blair is the President and CEO of Synovus. He joined the company in August 2016. He started as the Executive Vice President and Chief Financial Officer. In December 2018, he became the Senior Executive Vice President and Chief Operating Officer. A year later, in December 2019, he was named President. He also joined the Board of Directors in December 2020. He took on the role of President and CEO on April 22, 2021.
Blair began his career in financial services in 1995 at Signet Bank in Richmond, Virginia. He has held many leadership roles in corporate strategy, line management, strategic finance, and credit risk management. This experience gives him the skills to handle the challenges of the financial industry.
As the President of Synovus, Blair guides the company's direction and growth. He ensures that Synovus stays competitive in the financial world. He helps create a culture of innovation and excellence. He also drives the company's strategic plans. Blair is committed to serving customers, shareholders, and employees.
Zack Bishop: Innovating Technology, Operations, and Security
Zack Bishop is the Executive Vice President of Technology, Operations, and Security at Synovus. He started with the company in November 2018. Before this role, Bishop worked as the Executive Vice President and Chief Information Officer of Renasant Bank. At Renasant, he led all digital operations. This included technology, online banking, information security, and other key internet and operational tasks.
Bishop did not just manage daily operations; he also played a key role in combining the technology and systems of many banks that Renasant acquired. He showed his skills in merging different technological systems. His time at Renasant gave him a lot of experience in improving processes and technology strategies in the banking industry.
When he joined Synovus in 2018, Bishop brought valuable experience from his past jobs in senior leadership positions at Regions Bank. He started his banking career in 1994 at Union Planters Bank in Memphis. Now, Bishop’s work at Synovus involves many areas. His focus is on promoting innovation in technology, security, procurement, property management, and vendor management.
Synovus Org Chart
Synovus Org Chart - Corporate Structure
Synovus Org Chart - Subsidiaries
Synovus Org Chart - Board of Directors
Synovus Org Chart - Executive Leadership
Conclusion
Synovus Financial is a top financial firm, known for its new ideas and strong leaders. Kevin Blair is the President, CEO, and Chairman. Zack Bishop leads the way with technology improvements. This helps Synovus grow even more. As the parent company, Synovus has a lot of assets and holds a good amount of market share. They offer many great financial services. The smart leadership has helped shape Synovus' path to success, making it an important name in finance. Check out Synovus Financial for helpful and modern financial solutions.
Frequently Asked Questions
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Who is the parent company of Synovus Financial?
Synovus Financial Corp. is a public financial services company. It is based in Georgia. Synovus has expanded its reach through smart mergers and acquisitions. The company acts as a holding company with a main focus on offering a wide variety of financial solutions. Although it is based in Georgia, Synovus has a strong influence in the Southeast, especially in South Carolina.
How does Synovus Financial stand in terms of assets and market share?
Synovus Financial has a solid presence in its markets, especially in middle market banking. It has a large share in this area. The Chief Financial Officer closely manages the company's financial performance. This shows a strong focus on careful credit risk management and effective line management. These actions help strengthen its position in the financial industry.
What are the main services offered by Synovus across its segments?
Synovus provides different services. These include online banking, lending, and ways to manage finances. They customize their services to fit the unique needs of their various customers. The company aims to create a smooth customer experience. They are dedicated to innovation and inclusion. This means they want everyone to have access to the financial tools they need.
How has Synovus Financial's leadership impacted its growth strategy?
Synovus Financial's top leaders, especially the Chief Operating Officer, have been key in developing the company's growth plan. They have combined systems from many banks they acquired. This has helped the company grow and reach more people. At the same time, Synovus has adopted internet and technology-based solutions to encourage more growth and new ideas.
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