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2026 Virginia Power 50 List: THOMAS RANSOM
REGIONAL PRESIDENT FOR VIRGINIA, TRUIST FINANCIAL, RICHMOND
Virginia Business //March 1, 2026//
2026 Virginia Power 50 List: THOMAS RANSOM
REGIONAL PRESIDENT FOR VIRGINIA, TRUIST FINANCIAL, RICHMOND
Virginia Business //March 1, 2026//
Ransom has spent a quarter century in the banking industry. At BB&T, he started as a commercial banker in 2020 and went on to become market president for the greater Washington, D.C., region. After Truist formed in 2018 through a merger of BB&T and SunTrust Banks, Ransom moved to Charlotte, North Carolina, as an executive vice president before returning to the commonwealth in 2021 to become president of the bank’s Virginia region, which covers the whole state except for Northern Virginia.
The ninth largest bank in the nation, Truist had $535 billion in total assets as of Sept. 30, 2025, 38,000 employees and more than 1,900 branches across 17 states and Washington, D.C.
Ransom serves on the board of the Virginia Bankers Association and the board of trustees for his alma mater, Hampden-Sydney College. He also earned an MBA from the University of Baltimore and was a public policy fellow at Princeton University.
