Anthony Named to American Bankers Association Board of Directors.COLUMBUS, Ga. -- Synovus (NYSE NYSE See: New York Stock Exchange : SNV SNV Synovus Financial Corp. (stock symbol) SNV Schweizerische Normenvereinigung (Swiss standards body) SNV Stichting Nederlandse Vrijwilligers (Netherlands Development Organization) ), the Columbus, Georgia-based diversified financial services company, today announced that Richard Anthony, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , has been elected to a three-year term as a member of the Board of Directors of the American Bankers Association The American Bankers Association (ABA) is comprised of banks and other financial institutions. It seeks to promote the strength and profitability of the banking industry by Lobbying federal and state governments, building industry consensus on key issues, and providing products and (ABA). ABA is the nation's largest bank trade association, representing community, regional and money center banks Money center banks Banks that raise most of their funds from the domestic and international money markets , relying less on depositors for funds. and bank holding companies, savings associations, trust companies and savings banks. The association provides educational benefits and programs for its members and the public, represents the industry in Washington and speaks for the industry in the media. The ABA board is the association's governing body. "I am honored to be selected to represent our company and this region as a member of such a prestigious group of financial professionals," said Anthony. "I hope my service to this group will contribute to elevating the impact of banks of all sizes on issues of national importance for financial institutions and their customers." Anthony joined Synovus in 1992 when the company merged with First Commercial Bancshares of Birmingham, Alabama. He served as President of Synovus Financial Corp. of Alabama from 1993 until 1995, when he was elected Vice Chairman of the holding company and was responsible for the management of all of the company's affiliate banks and its mortgage company. Anthony was elected President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. in 2003 and served in that role until being named Chief Executive Officer and President in July 2005. In October 2006, Anthony was elected Chairman of the Board and CEO of Synovus. About Synovus Synovus (NYSE: "SNV") is a diversified financial services holding company with more than $33 billion in assets based in Columbus, Georgia. Synovus provides integrated financial services including banking, financial management, insurance, mortgage and leasing services through 37 banks and other Synovus offices in Georgia, Alabama, South Carolina, Florida and Tennessee; and electronic payment processing through an 81-percent stake in TSYS TSYS Total System Services, Inc. (NYSE: "TSS See ITU. "), one of the world's largest companies for outsourced payment services. Synovus has been named one of "The 100 Best Companies to Work For" in America by FORTUNE magazine, and has been recognized in its Hall of Fame for consecutive appearances on the list since its inception in 1998. See Synovus on the Web at www.synovus.com. |
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