A new regional president has been named for a major financial institution in North Texas.
DeVon Lang will step in to oversee the operations of Truist Financial Corporation in North Texas, per Dallas Business Journal.
Truist is the seventh largest bank in the nation, with total assets of $555 billion as of December 31, 2022.
Although headquartered in Charlotte, North Carolina, it has quite a footprint in Dallas-Fort Worth, where it has $3.7 billion in local deposits.
Truist signed a lease late last month to move its regional headquarters from downtown’s Trammell Crow Center to The Crescent in Uptown near McKinney Avenue.
A new retail bank location will also be added at The Crescent, making it the 19th Truist banking branch in the metroplex. It will be open beginning April 13.
“This move will provide our teammates and clients with a modern and convenient location that is easily accessible to the many vibrant amenities that make our city so attractive,” said Christian Corts, Truist’s then-North Texas regional president, in a statement, per DBJ.
Corts resigned in late March after holding the position for two years. He now serves as regional banking director for Huntington National Bank, which is based in Ohio.
His replacement Lang has been with Truist since 2010, per DBJ. He was a managing director on the corporate banking energy team and led middle-market banking in North Texas for nearly two years before this promotion.
“DeVon is a strategic leader with significant regional and industry knowledge, and a focus on delivering exceptional client care, which will further our commitment to Dallas and our North Texas region,” said Tony Coley, regional group president for Truist, per DBJ.
Lang lives in Dallas and serves on the boards of Junior Achievement of Dallas, a volunteer group striving to teach financial literacy to children, and the Dallas Citizens Council.
Truist has also been involved in the Dallas-Fort Worth community. It invested $10 million in Dallas’ Housing Opportunity Fund and awarded United to Learn’s Aspiring Teachers program a $300,000 grant late last year.
In 2020, it reached over 1 million high school students in 15 different states with its digital financial education program, Truist Financial Foundations.