John C. Asbury
BUSINESS News:
SANTA FE – The Board of Directors and Interim CEO Douglas M. Brown have announced that John C. Asbury has been named president and chief executive officer. William P. Sanders will continue as board chairman.
“It is with great pleasure that we announce John to lead the First National Family of Banks,” Brown said. “We have a heritage of providing financial services that help business leaders, entrepreneurs and individuals grow that dates back to 1870. John’s depth of experience and vision for the future of First National will continue that commitment.”
Asbury has more than 27 years of experience in commercial and corporate banking. Most recently he was senior executive vice president and head of the Business Services Group at Regions Financial Corporation, a top U.S. bank-holding company with $120 billion in assets, operating 1,650 banking offices in 16 states across the Southeast, Midwest and Texas. In this role, he led all lines of business that serve Regions’ business and commercial banking customers.
Previously he spent 17 years at Bank of America, before leaving as the Pacific Northwest Region executive and senior vice president of Business Banking in Seattle, Wash. Asbury has broad experience in commercial banking with prior positions responsible for multiple services and regions.
“I look forward to leading First National. Its strong entrepreneurial culture and dedication to the success of our clients presents a unique banking opportunity for our communities,” Asbury said.
About First National
Chartered in 1870 as the first bank in the Southwest, First National Bank of Santa Fe has a rich heritage of community commitment and financial strength and stability. With $1.7 billion in assets (as of December 31, 2014), First National is the largest locally-chartered banking organization in the state of New Mexico operating First National Rio Grande and First National Santa Fe. In Colorado, the Bank operates as First National Denver. First National operates through 25 branch locations in Colorado and New Mexico. Its bank holding company Strategic Growth Bancorp Incorporated is headquartered in El Paso, Texas and is building a leading community bank enterprise in the Southwestern United States, which also includes Capital Bank, headquartered in El Paso.
