CORAL GABLES, Fla., May 22, 2013 (GLOBE NEWSWIRE) -- Capital Bank Financial Corp. (Nasdaq:CBF) today announced that James A. Arndts has been appointed BSA Compliance Executive for Capital Bank, N.A. Mr. Arndts experience includes more than 11 years in the design, implementation, monitoring and oversight of BSA/AML compliance programs, most recently as Head, Global Anti-Money Laundering Financial Intelligence Unit, Global AML Compliance for RBC since April 2010. He joined RBC in August 2007 as Senior Manager, Anti-Money Laundering Compliance, Strategy, Program Development and Oversight. Previously, Mr. Arndts was with Bank of America from January 2002 where he held the position of Vice President, Senior Risk Technology Team Manager, Anti-Money Laundering Technology.
Gene Taylor, Chairman and CEO of Capital Bank Financial Corp., remarked, "We are very pleased to be adding an individual with Jim Arndts' expertise to our team, and we welcome him to Capital Bank. His extensive BSA/AML compliance experience includes risk management, technology solution design and deployment, investigations and analytics, and regulatory compliance and sanctions. His addition to our team reflects our deep commitment to operating and enhancing a strong regulatory compliance framework, consistent with our goal of developing the premier regional banking franchise in the Southeast."
Forward Looking Statements
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About Capital Bank Financial Corp.
Capital Bank Financial Corp. is a national bank holding company, formed in 2009 to create a premier regional banking franchise in the southeastern United States. CBF is the parent of Capital Bank N.A., a national banking association with approximately $7.1 billion in total assets as of March 31, 2013 and 164 full-service banking offices throughout Florida, North Carolina, South Carolina, Tennessee and Virginia. To learn more about Capital Bank, N.A., please visit www.capitalbank-us.com.
CONTACT: Kenneth A. Posner Chief of Investment Analytics Phone: (704) 554-5901 E-mail: Kposner@cbfcorp.comSource:Capital Bank Financial Corp.