Friday, June 1, 2012

Stedman exits N.C. Bank & Trust post - Charlotte Business Journal:

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Stedman had been Charlotte market presidentfor , an operatioh he founded in 1998 as The Scottishu Bank. He was chief executive of The Scottisuh Bank in Charlotte until its saleto S.C.-based in November 2007. The bank, with four branches in changed its name to North Carolina Bank Trust late last year to match its Palmett oState counterpart, South Carolina Bank & Trust. Stedman couldn’gt be reached for comment.
Tom Camp, presidenf of SCBT’s divisions in Charlotte and York confirms that Stedman has left the bank andwill “pursue other Camp declines to discuss the circumstances of his calling it a personnel Camp says he’s actively looking for a new marke t president for Charlotte. It’s common for a new owner to remake the stafff of anacquired bank. SCBT recently installed Rene Brooks tohead wealth-management operations at its Charlotte branchess and hired new mortgage officers. It continues to recruif personnel. Stedman, a former Wachovia banker, remained through the ownershio transition andname change.
In September, he told the Charlotte Business Journa l the bank was looking to expand its loan portfoli o inthis market, and he was pleasexd with the direction of the bank. “I’m part of a new team that has been very supportives andwelcomed me, so that’s made it a lot of Stedman said. “It’s changing times. You work throughj that and, from my view, it’zs really worked well.

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