Press Releases

 “Mark’s extensive leadership skills and his knowledge of the business make him the ideal person to lead this key region,” said Hugh Long, Pennsylvania/Delaware Region CEO for Wachovia.  “Commercial Banking is a core business for Wachovia and, under Mark’s leadership, we will continue to deliver client-focused solutions that meet the unique needs of our Commercial customers.”

Smith is an experienced banker who most recently served as Managing Director in Wachovia’s Corporate and Investment Bank. He has been with the company for 13 years and has held numerous leadership positions.

“Mark’s background with Wachovia and his knowledge of Commercial and Investment Banking will help us as we continue to grow and serve companies in the region more effectively,” said Wachovia Wholesale Banking Executive Carlos Evans. “We are looking forward to Mark’s contribution in his new role.”

Smith earned a Bachelor of Science from Rutgers University and he and his family reside in New Jersey.

Wachovia Corp. (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers, with banking operations from Connecticut to Florida and west to Texas, and retail brokerage operations nationwide. Wachovia had assets of $532.4 billion, market capitalization of $73.9 billion and stockholders’ equity of $46.8 billion at September 30, 2005. Its four core businesses, the General Bank, Capital Management, Wealth Management, and the Corporate and Investment Bank, serve 13 million household and business relationships primarily through 3,138 offices in 15 states and Washington, D.C. Its full-service retail brokerage firm, Wachovia Securities, LLC, also serves clients through 702 offices in 49 states and five Latin American countries. The Corporate and Investment Bank serves clients in selected industries nationwide. Global services are offered through 40 offices around the world. Online banking and brokerage products and services also are available through Wachovia.com.