NEW ORLEANS, July 7, 2010 (GLOBE NEWSWIRE) -- Whitney Holding Corporation (Nasdaq:WTNY) today announced the promotions of David P. Frady to Executive Vice President, Commercial Banking Division, and Suzanne C. Thomas to Executive Vice President, Credit Administration.
Frady joined the Whitney as Senior Vice President and Head of the Commercial Line of Business last year, and has focused on developing strategies and identifying opportunities for middle market and commercial client acquisition, expansion and retention. He oversees Treasury Management, International, Debt Capital Markets and other specialty banking functions.
"David is committed to providing a higher standard of service and delivering client-focused solutions that meet the unique needs of our commercial customers," said Whitney President John M. Turner, Jr. "Commercial Banking is a principal business for the Whitney and with David's depth of experience, exceptional talents and strategic vision, he is the right person to lead this Line of Business."
A veteran of over 25 years of banking experience, Frady was most recently an Executive Vice President with Capital One, managing product development, product management, sales and service initiatives for their Treasury Management and Merchant Services segments. Prior to Capital One, he was an Executive Vice President with Hibernia National Bank, working over the past 15 years leading a variety of divisions, including Treasury Management, Merchant Services, Leasing, Debt Capital Markets, SouthCoast Capital, off-premise ATMs, US Corporate, Commercial Loan Processing, International Banking, and Commercial Knowledge Management. He holds a B.A. in Marketing from Southeastern Louisiana University and graduated from Harvard Business School's General Management Program.
As Executive Vice President of Credit Administration, Suzanne C. Thomas is responsible for ensuring the quality of the Bank's loan portfolio, as well as establishing and maintaining policies and procedures that support quality loan production. She oversees a variety of credit management functions, including the review/approval of large commercial credits and monitoring of the overall quality of the loan portfolio.
"Credit quality has always been a core strength for the Whitney, and Suzanne has the knowledge, perspective and background to support the Bank's credit management functions," said John C. Hope, III, Whitney Chairman and CEO. "She is an outstanding contributor and leader, and plays a vital role in creating the right credit culture at the Whitney."
Thomas joined the Whitney in 2000 as Senior Vice President in Credit Administration, and has led the division since last year. Prior to her tenure at Whitney, she was a part of the Corporate Banking team at First National Bank of Commerce in New Orleans where she held a number of management positions, including Senior Vice President. She began her banking career almost 30 years ago at First Virginia Bank and has a B.A. from Dominican College and an M.B.A. from the College of William and Mary.
Whitney Holding Corporation through its banking subsidiary Whitney National Bank serves the five state Gulf Coast region stretching from Houston, Texas across South Louisiana and the coastal region of Mississippi; to central and south Alabama; the panhandle of Florida; and the Tampa Bay metropolitan area of Florida.
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