# Frank Holding

> Frank B. Holding, Jr. is chairman and CEO of First Citizens Bank and First Citizens BancShares, based in Raleigh. An employee since 1983 and CEO since 2008, he represents the third generation of Holding family leadership. His tenure includes the CIT merger and the acquisition of Silicon Valley Bridge Bank assets and deposits. In 2026, he joined the Federal Advisory Council representing the Fifth District.

- **Role:** Chairman and CEO at First Citizens Bank and First Citizens BancShares, Inc.
- **Organizations:** First Citizens Bank, First Citizens BancShares, Inc., Federal Advisory Council, NC Chamber Foundation, Global Transpark Foundation, Wake Forest University, Mount Olive Pickle Company, flyExclusive
- **Education:** Bachelor’s degree in business, University of North Carolina at Chapel Hill, MBA, The Wharton School, University of Pennsylvania, Honorary Doctor of Laws, Campbell University
- **Known for:** Led First Citizens through the CIT merger, creating an institution with more than $100 billion in assets at completion in 2022., Led First Citizens during its 2023 Silicon Valley Bridge Bank acquisition., Named chair emeritus of the NC Chamber Foundation in April 2026 after helping establish it in 2010.

## Career timeline

- **1983** — Joined First Citizens Bank.
- **1993** — Became a director of First Citizens BancShares and the bank.
- **1994** — Became president of First Citizens.
- **2008** — Became CEO in January.
- **2009** — Became chairman in February.
- **2010** — Helped establish the NC Chamber Foundation.
- **2010** — Received an honorary Doctor of Laws from Campbell University on May 15 and delivered the commencement address.
- **2014** — Led the North Carolina First Citizens through its combination with the separately operated South Carolina First Citizens.
- **2022** — First Citizens completed its CIT Group merger in January.
- **2023** — First Citizens acquired Silicon Valley Bridge Bank loans and certain other assets and assumed its customer deposits through the FDIC.
- **2024** — Rang the Nasdaq closing bell on September 16.
- **2026** — Appointed to the Federal Advisory Council for the Fifth District; named NC Chamber Foundation chair emeritus.

## Achievements

- Led First Citizens through the CIT merger, creating an institution with more than $100 billion in assets at completion in 2022.
- Led First Citizens during its 2023 Silicon Valley Bridge Bank acquisition.
- Named chair emeritus of the NC Chamber Foundation in April 2026 after helping establish it in 2010.
- Selected to represent the Fifth District on the Federal Advisory Council for 2026.
- Received an honorary Doctor of Laws from Campbell University and delivered its spring commencement address in May 2010.

## Latest updates

- **2026-10** — First Citizens launched First Citizens Innovation Banking and First Citizens Fund Banking on October 6; Holding reiterated the company’s commitment to the innovation economy.
- **2026-09** — Bloomberg reported on Holding’s search for further acquisition opportunities.
- **2026-04** — The NC Chamber Foundation named Holding chair emeritus on April 8.
- **2026-02** — First Citizens announced his appointment to the Federal Advisory Council representing the Fifth District.

## Links

- Website: https://www.firstcitizens.com
- LinkedIn: https://www.linkedin.com/in/frank-holding-jr-8847441a

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Profile page: https://yespress.io/frank-holding
Published by YesPress — https://yespress.io
Last updated: 2026-10-21