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SunTrust Promotes Two Executives

PRNewswire-FirstCall
ATLANTA
Nov 14, 2005

SunTrust Banks, Inc. today announced that Brian E. Szabo has been named manager of its Corporate Strategies Unit, and David G. Bilko has been promoted to General Auditor, succeeding Mr. Szabo. In his new role, Mr. Szabo will oversee the company's long range strategic planning, expansion strategy, and provide strategy development and implementation support to all lines of business. Mr. Bilko assumes responsibility for all of the company's internal audit activities.

"These promotions reflect SunTrust's ongoing focus on matching senior executive talent to support the achievement of the company's strategic and business goals," said David F. Dierker, corporate executive vice president and chief administrative officer for SunTrust.

Mr. Szabo has served as SunTrust's General Auditor since 1999. He joined SunTrust predecessor, Crestar Financial Corp., in 1990 and held a variety of increasingly responsible positions in the finance area. In 1997, he was named chief audit executive for Crestar, which merged with SunTrust in late 1998. A certified public accountant, Mr. Szabo earned a bachelor's degree from Eastern Michigan University.

Mr. Bilko, a 24-year banking industry veteran, is a career auditor with broad experience. He joined a SunTrust predecessor in 1985 and most recently, was responsible for the audit practice for the company's Wealth and Investment Management line of business in addition to overseeing strategy and prioritization within SunTrust Audit Services. Mr. Bilko is a graduate of University of Virginia and earned an MBA from George Mason University. In addition, he completed the Graduate School for Bank Administration Audit Management Program and is a Certified Employee Benefits Specialist.

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of September 30, 2005, SunTrust had total assets of $172.4 billion and total deposits of $113.7 billion. The Company operates an extensive branch and ATM network throughout the high- growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves customers in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the Company provides credit cards, mortgage banking, insurance, brokerage, equipment leasing and capital markets services. SunTrust's Internet address is suntrust.com.

SOURCE: SunTrust Banks, Inc.

CONTACT: Mike McCoy of SunTrust Banks, Inc., +1-404-588-7230