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Banking | Finance 2024: THOMAS RANSOM

REGIONAL PRESIDENT FOR VIRGINIA, TRUIST FINANCIAL, RICHMOND

//August 29, 2024//

Photo by Shandell Taylor

Photo by Shandell Taylor

Banking | Finance 2024: THOMAS RANSOM

REGIONAL PRESIDENT FOR VIRGINIA, TRUIST FINANCIAL, RICHMOND

// August 29, 2024//

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Ransom boasts 24 years in the banking industry. At BB&T he started as a commercial banker in 2020 and went on to become greater Washington, D.C., market president. After Truist formed in 2018 through a merger of BB&T and SunTrust Banks, Ransom went 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.

Speaking in March to Randolph-Macon College’s Leadership Fellows Program, Ransom said, “Always get feedback. Don’t look for praise. Ask ‘What can I improve on?’”

While there, Ransom presented a grant of $200,000 from the Truist Charitable Fund to support the leadership program.

In February, Ransom was appointed to the board of his alma mater: Hampden-Sydney College. He sits on the Governor’s Advisory Council on Revenue Estimates, as well as the board of the Virginia Bankers Association.

Ransom earned an MBA from the University of Baltimore and was a public policy fellow at Princeton University.

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