IberiaBank Corp. on Monday said Gregory K. Smithers, an executive vice president and regional president of the bank's Tennessee operations, will now also oversee the bank's Arkansas operations.
Smithers is taking over for Pete Yuan, Arkansas' current regional president, who is taking over the bank's business in Texas. Yuan, who became Arkansas regional president in 2010, will be based in Houston; his responsibilities will include management of IberiaBank's Houston and Dallas franchises and the company's title business.
"I am thrilled to have the opportunity to manage our Arkansas franchise," Smithers said in a news release. "We have an excellent footprint throughout the state and are well positioned for the opportunities in front of us."
Before joining IberiaBank in 2008 as market president in Memphis, Smithers was a commercial relationship manager and then senior vice president and manager of First Tennessee's Memphis Commercial Banking Group. He began his banking career at Boatmen's Bank of Tennessee.
IberiaBank Corp. of Lafayette, La., entered Arkansas in 2006 through its $130 million purchase of Pulaski Investment Corp., the holding company for Pulaski Bank & Trust of Little Rock.