SmartBank promoted Cynthia A. Cain to chief operating officer, giving her oversight of operations, technology, data, AI governance, digital and innovation, and all payments functions.
Cain joined SmartBank in 2019 and had most recently served as chief accounting officer. In that role, she was involved in financial reporting, forecasting, budgeting, and strategic planning. Before SmartBank, she was senior vice president in the accounting department at South State Bank, where she worked on accounting operations, financial reporting, mergers and acquisitions, stress testing, and strategic planning.
SmartBank said the new COO position is a full-time role intended to tighten coordination across operational and technology functions. The bank said Cain brings more than 30 years of experience in accounting, financial operations, business analysis, process improvement, and program implementation.
The move comes as SmartBank operates 42 financial centers across Alabama, Tennessee, and Florida, along with loan production offices in Columbus, Georgia, and Brentwood, Tennessee. The bank was founded in 2007. As a result of these announcements, the company's shares have moved 0.42% on the market, and are now trading at a price of $38.59. For the full picture, make sure to review SMARTFINANCIAL INC.'s 8-K report.
