Sameer to drive growth, investment in wealth management businessCHARLOTTE, N.C., July 22, 2026 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced Shimna Sameer as head of Truist Wealth. Sameer joins

<p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Sameer to drive growth, investment in wealth management business</i></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">CHARLOTTE, N.C.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">July 22, 2026</span> /PRNewswire/ -- Truist Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/TFC">TFC</a>) today announced Shimna Sameer as head of Truist Wealth. Sameer joins the company to accelerate the performance and scale the delivery of Truist&#39;s wealth management business.</p>
    <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1">
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                    <img xmlns="http://www.w3.org/1999/xhtml" src="https://mmx.prnewswire.com/media/MS1890883/Truist-Shimna-Sameer.jpg?id=OA2779239" title="Shimna Sameer announced head of Truist Wealth. " alt="Shimna Sameer announced head of Truist Wealth. "></img>
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<p xmlns="http://www.w3.org/1999/xhtml">As head of Truist Wealth, Sameer will have broad oversight of business strategy, including the delivery of Truist&#39;s purpose-driven wealth experience to clients, enhancing the advisor and client experience, investing in and deploying innovative technology, strengthening partnerships across the enterprise and delivering long-term growth.</p><p xmlns="http://www.w3.org/1999/xhtml">Sameer has more than 20 years of experience in consumer banking, wealth management and private banking. Most recently, she served as head of products, solutions and platforms at Bank of America Private Bank. In this role, Sameer was responsible for managing the Private Bank&#39;s digital platforms, business and talent strategies and client experience, as well as driving business opportunities across the enterprise. She also led the delivery of the firm&#39;s specialized capabilities – including wealth strategy, trust services, custom lending and art services – to all of Bank of America&#39;s wealth management clients. Throughout her career, Sameer has led scaled client-facing businesses and large transformational initiatives, including developing the strategy for the sales organization, digital solutions and talent development for Merrill Edge.</p><p xmlns="http://www.w3.org/1999/xhtml">Sameer will join Truist in October, reporting to Chief Wholesale Banking Officer Kristin Lesher, and serve as a member of the Truist Operating Council. She will be based in Truist&#39;s Hudson Yards offices in New York City.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;Truist Wealth is critical to our enterprise growth strategy and we&#39;ll continue to invest in technology enhancements, empower our advisors and broaden the solutions we provide clients,&#34; said Kristin Lesher, Truist Chief Wholesale Banking Officer. &#34;Shim has spent her career serving clients, leading organizations to achieve outsized results and designing and implementing strategies that drive performance. She has a proven ability to partner across the enterprise, support advisor growth and development and leverage technology to scale businesses. Her experience and success across banking and wealth management will shape Truist Wealth at an important moment in our business.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">Truist Wealth delivers holistic wealth management solutions to affluent, high, and ultra-high net worth individuals, families, and business owners across the U.S. and abroad. Truist Wealth is part of the Truist Wholesale Banking segment which provides comprehensive solutions to commercial, corporate, institutional and high-net-worth clients through a combination of regional coverage and industry-focused teams serving clients across the U.S.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Truist </b></p><p xmlns="http://www.w3.org/1999/xhtml">Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top-10 commercial bank with total assets of $556 billion as of June 30, 2026. Truist Bank, Member FDIC. Equal Housing Lender. Learn more at <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.truist.com/" target="_blank" rel="nofollow">Truist.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Truist Wealth</b></p><p xmlns="http://www.w3.org/1999/xhtml">Truist Wealth delivers holistic wealth management solutions to affluent, high, and ultra-high net worth individuals, families, and business owners across the U.S. and abroad. Truist Wealth provides distinct solutions for individuals and businesses through the following affiliates: Banking products and services, corporate trust, escrow, and institutional investment management services to public, private, and nonprofit organizations provided by Truist Bank, Member FDIC. Securities, brokerage accounts, and/or annuities offered by Truist Investment Services, Inc., member FINRA, SIPC, and a licensed insurance agency. Investment advisory services offered by Truist Advisory Services, Inc. and affiliated SEC registered investment advisers.</p>
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<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=CL10049&amp;sd=2026-07-22"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/truist-hires-shimna-sameer-as-head-of-truist-wealth-302832118.html" target="_blank">https://www.prnewswire.com/news-releases/truist-hires-shimna-sameer-as-head-of-truist-wealth-302832118.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Truist Financial Corporation</p>

Truist hires Shimna Sameer as head of Truist Wealth

Truist Names Shimna Sameer to Lead Wealth Growth Initiatives

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Sameer to drive growth, investment in wealth management businessCHARLOTTE, N.C., July 22, 2026 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced Shimna Sameer as head of Truist Wealth. Sameer joins</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Truist Financial announced Shimna Sameer as head of Truist Wealth, appointing to accelerate growth and scale wealth delivery. Sameer, with 20+ years at Bank of America Private Bank, will join in October and relocate to New York, reporting to Kristin Lesher. The move signals a stronger emphasis on wealth-management expansion and technology investments at Truist.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Truist appoints Shimna Sameer as head of Truist Wealth.</li><li>Sameer starts in October; based in NYC, reporting to Kristin Lesher.</li><li>She brings 20+ years in consumer banking and wealth management.</li><li>Truist Wealth aims to scale technology and advisor capacity.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Truist Financial Corporation (TFC)</strong>: Announces Shimna Sameer as head of Truist Wealth; leadership change aimed at accelerating wealth-management growth.</li><li><strong>Bank of America Corporation (BAC)</strong>: Sameer previously led products/solutions/platforms at Bank of America Private Bank; signals industry-experienced leadership.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category Type: Corporate Developments. This leadership appointment signals Truist&#039;s commitment to expanding its wealth-management platform and long-term revenue growth.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Leadership hire underscores Truist&#039;s focus on scaling wealth-management growth.</li><li>Start date in October ties execution to the upcoming quarter.</li><li>NYC base may accelerate cross-market wealth initiatives.</li><li>No immediate disclosure of financial targets keeps price impact muted.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Shimna Sameer named head of Truist Wealth; start October 2026.</li><li>Sameer previously led products, solutions and platforms at Bank of America Private Bank.</li><li>She has 20+ years in banking, wealth management and private banking.</li><li>Truist Wealth operates within Truist Wholesale Banking; focuses on affluent and UHNW clients.</li><li>Truist had total assets of $556 billion as of June 30, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish over 6-12 months on wealth-growth initiatives enhancing revenue mix.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Sameer to drive growth, investment in wealth management business</i></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">CHARLOTTE, N.C.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">July 22, 2026</span> /PRNewswire/ -- Truist Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/TFC">TFC</a>) today announced Shimna Sameer as head of Truist Wealth. Sameer joins the company to accelerate the performance and scale the delivery of Truist&#39;s wealth management business.</p>
    <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1">
                <p xmlns="http://www.w3.org/1999/xhtml">
                    <img xmlns="http://www.w3.org/1999/xhtml" src="https://mmx.prnewswire.com/media/MS1890883/Truist-Shimna-Sameer.jpg?id=OA2779239" title="Shimna Sameer announced head of Truist Wealth. " alt="Shimna Sameer announced head of Truist Wealth. "></img>
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<p xmlns="http://www.w3.org/1999/xhtml">As head of Truist Wealth, Sameer will have broad oversight of business strategy, including the delivery of Truist&#39;s purpose-driven wealth experience to clients, enhancing the advisor and client experience, investing in and deploying innovative technology, strengthening partnerships across the enterprise and delivering long-term growth.</p><p xmlns="http://www.w3.org/1999/xhtml">Sameer has more than 20 years of experience in consumer banking, wealth management and private banking. Most recently, she served as head of products, solutions and platforms at Bank of America Private Bank. In this role, Sameer was responsible for managing the Private Bank&#39;s digital platforms, business and talent strategies and client experience, as well as driving business opportunities across the enterprise. She also led the delivery of the firm&#39;s specialized capabilities – including wealth strategy, trust services, custom lending and art services – to all of Bank of America&#39;s wealth management clients. Throughout her career, Sameer has led scaled client-facing businesses and large transformational initiatives, including developing the strategy for the sales organization, digital solutions and talent development for Merrill Edge.</p><p xmlns="http://www.w3.org/1999/xhtml">Sameer will join Truist in October, reporting to Chief Wholesale Banking Officer Kristin Lesher, and serve as a member of the Truist Operating Council. She will be based in Truist&#39;s Hudson Yards offices in New York City.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;Truist Wealth is critical to our enterprise growth strategy and we&#39;ll continue to invest in technology enhancements, empower our advisors and broaden the solutions we provide clients,&#34; said Kristin Lesher, Truist Chief Wholesale Banking Officer. &#34;Shim has spent her career serving clients, leading organizations to achieve outsized results and designing and implementing strategies that drive performance. She has a proven ability to partner across the enterprise, support advisor growth and development and leverage technology to scale businesses. Her experience and success across banking and wealth management will shape Truist Wealth at an important moment in our business.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">Truist Wealth delivers holistic wealth management solutions to affluent, high, and ultra-high net worth individuals, families, and business owners across the U.S. and abroad. Truist Wealth is part of the Truist Wholesale Banking segment which provides comprehensive solutions to commercial, corporate, institutional and high-net-worth clients through a combination of regional coverage and industry-focused teams serving clients across the U.S.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Truist </b></p><p xmlns="http://www.w3.org/1999/xhtml">Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top-10 commercial bank with total assets of $556 billion as of June 30, 2026. Truist Bank, Member FDIC. Equal Housing Lender. Learn more at <a xmlns="http://www.w3.org/1999/xhtml" href="https://www.truist.com/" target="_blank" rel="nofollow">Truist.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Truist Wealth</b></p><p xmlns="http://www.w3.org/1999/xhtml">Truist Wealth delivers holistic wealth management solutions to affluent, high, and ultra-high net worth individuals, families, and business owners across the U.S. and abroad. Truist Wealth provides distinct solutions for individuals and businesses through the following affiliates: Banking products and services, corporate trust, escrow, and institutional investment management services to public, private, and nonprofit organizations provided by Truist Bank, Member FDIC. Securities, brokerage accounts, and/or annuities offered by Truist Investment Services, Inc., member FINRA, SIPC, and a licensed insurance agency. Investment advisory services offered by Truist Advisory Services, Inc. and affiliated SEC registered investment advisers.</p>
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                    <img xmlns="http://www.w3.org/1999/xhtml" src="https://mmx.prnewswire.com/media/MS212222/TruistWhiteLogo.jpg?id=OA2779238" title="Truist logo" alt="Truist logo"></img>
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<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=CL10049&amp;sd=2026-07-22"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/truist-hires-shimna-sameer-as-head-of-truist-wealth-302832118.html" target="_blank">https://www.prnewswire.com/news-releases/truist-hires-shimna-sameer-as-head-of-truist-wealth-302832118.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Truist Financial Corporation</p>

Truist Financial announced Shimna Sameer as head of Truist Wealth, appointing to accelerate growth and scale wealth delivery. Sameer, with 20+ years at Bank of America Private Bank, will join in October and relocate to New York, reporting to Kristin Lesher. The move signals a stronger emphasis on wealth-management expansion and technology investments at Truist.

News insight

Truist hires Shimna Sameer as head of Truist Wealth

AI summary

Sentiment rationale

Key facts

Corporate Developments