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Friday, July 11, 2025

Truist hires new head of small business banking

Charlotte-based Truist Financial has hired Claudia Davis Adamson to head its Consumer and Small Business Banking division, where she will lead a team serving small business clients within the most attractive growth markets in the U.S., according to a release. She will be based in Charlotte.

Claudia Davis Adamson

A graduate of Converse University in Spartanburg, South Carolina, Adamson had been the interim Global Head of Business Banking for HSBC, which has its headquarters in London. Adamson education credentials include a leadership course and corporate finance program from the London Business School. She joined HSBC in 2015 and had previously worked for Barclays in London for more than eight years.

For Truist, Adamson will lead strategic execution for all areas of small business banking, including deposits, lending, and payments solutions; data and analytics, operations and governance, and client experience for more than 1.2 million small business clients through Small Business Direct, Business Connect, and SBA lending solutions.

She will join Truist this summer, reporting to Chief Consumer and Small Business Banking Officer Dontá Wilson, and serve as a member of the Truist Operating Council.

“As a dynamic leader with extensive knowledge of the business sector, Adamson’s proven track record of building highly successful teams and creating success for clients makes her a natural fit for this important leadership role at Truist,” says Wilson in a release.

At HSBC, Adamson most recently served as managing director, U.S. head of business banking, and as part of the executive committee for the U.S. commercial bank at HSBC.

Truist Consumer and Small Business Banking serves more than 14 million retail, premier and small business clients. Truist has total assets of $531 billion as of Dec. 31, 2024.

Truist emerged as the nation’s sixth-largest bank in 2019 from the merger of Winston-Salem’s BB&T and Atlanta-based SunTrust. It has a market capitalization of $53.7 billion.

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