Cadence Bank Welcomes Brad Silcox as President of Asset Management & Trust Group

Rhea-AI Summary

Cadence Bank (NYSE: CADE) has appointed Brad Silcox as executive vice president and president of asset management and trust. Silcox brings 20 years of experience from Wilmington Trust, where he served in executive leadership roles including president of the Southeast region and chief administrative officer of wealth markets. Based in Atlanta, Georgia, he will oversee advisors across the Southeast and Texas, focusing on developing high-performing teams and building client relationships. Valerie Toalson, chief financial officer and president of banking services, highlighted Silcox's integrity and ability to drive growth-oriented change.

Positive

• Strategic hire with 20 years of executive leadership experience in wealth management
• Expansion of asset management and trust services capabilities
• Geographic presence strengthening in Southeast and Texas markets

Negative

• None.

ATLANTA, Nov. 20, 2024 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced that Brad Silcox has joined the organization as executive vice president and president of asset management and trust.

Silcox has spent the past 20 years at Wilmington Trust, a subsidiary of M&T Bank, in various executive leadership roles including president of the Southeast region and chief administrative officer of wealth markets. He is a strategic leader with a proven track record of developing high-performing teams, building client relationships and leading organizations through transformational change.

"Brad is a high-integrity leader who shares our dedication to valuing relationships, teamwork and collaboration," said Valerie Toalson, chief financial officer and president - banking services for Cadence Bank. "He is also well-regarded for his ability to navigate complex environments and drive growth-oriented change, all of which make him the ideal person to lead and grow our asset management and trust group."

Silcox added: "I'm excited to join a company that has the same passion for people and clients as I do, and I look forward to leveraging my skills and experience in further building and evolving the asset management and trust business at Cadence. I know first-hand the value that a relationship between a regional bank and its wealth arm can bring to clients."

Silcox will be located in the company's Atlanta, Georgia office, overseeing a talented team of advisors across the Southeast and Texas.

To learn more, visit CadenceBank.com.

About Cadence Bank

Cadence Bank (NYSE: CADE) is a leading regional banking franchise with approximately $50 billion in assets and over 350 branch locations across the South and Texas. Cadence provides consumers, businesses and corporations with a full range of innovative banking and financial solutions. Services and products include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning and retirement plan management. Cadence is committed to a culture of respect, diversity, equity, inclusion and belonging in both its workplace and communities. Cadence Bank, Member FDIC. Equal Housing Lender.

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SOURCE Cadence Bank

FAQ

Who is the new president of asset management and trust at Cadence Bank (CADE)?

Brad Silcox has been appointed as executive vice president and president of asset management and trust at Cadence Bank (NYSE: CADE).

What was Brad Silcox's previous experience before joining Cadence Bank (CADE)?

Brad Silcox spent 20 years at Wilmington Trust, a subsidiary of M&T Bank, where he served as president of the Southeast region and chief administrative officer of wealth markets.

Where will Brad Silcox be based for his role at Cadence Bank (CADE)?

Brad Silcox will be based in Cadence Bank's Atlanta, Georgia office, overseeing advisors across the Southeast and Texas regions.