Lafayette-based MidSouth Bank has hired Keith Avant as chief credit officer. He is responsible for the administration and oversight of the bank’s credit-related activities, including credit quality, underwriting, portfolio administration and documentation, as well as compliance with legal and regulatory requirements.
For the past three years, Avant, who has 26 years of banking and credit experience, worked for Bank of America Merrill Lynch in Atlanta and Dallas in various credit-related roles, including senior vice president/credit executive. From 1999 to 2014, he held a number of senior credit leadership positions at SunTrust Bank in Florida and Georgia, including lead credit executive for the Florida private wealth management group and lead credit executive for the sports and entertainment group. Avant is a graduate of SunTrust Bank’s Leadership Development Program.
Avant earned both a bachelor’s degree in finance and an MBA from the University of Central Florida–Orlando. He holds FINRA Series 7 and Series 63 licenses.
“We particularly like that he has worked in multiple states and believe his background makes him perfectly suited to lead the credit activities of our two-state franchise,” says Jim McLemore, MidSouth Bank president and CEO.
MidSouth Bank NA currently has 42 locations in Louisiana and Texas.
Published in Bankers Digest, May 28, 2018