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Thomas Ransom

President of the Virginia Region at Truist Financial

Strategic Leader & Purpose-Driven Changemaker

Thomas L. Ransom currently serves as the President of the Virginia Region at Truist Financial. Mr. Ransom leads the business banking, commercial, middle market, corporate, not for profit, and other sales teams across the state where Truist enjoys significant market share. As the state president for Truist financial he leads and unites all lines of business across the state.

  • Before this role, Thomas served as the first Head of Sales and Client Experience Strategy for Truist Financial and he is an inaugural member of the banks' Operating Council and the Executive Response Operations team. Of note, Thomas led and directed the strategic development, deployment and reinforcement of the enterprise sales strategy, CRM strategy and the client experience strategy. He led the development of the Truist Performance Awards, the “Truist Difference” and the Truist Integrated Relationship Management strategy.

    In 2024, Thomas was appointed to the Board of Trustees for his Alma Mater, Hampden-Sydney College where he serves on several committees. In 2022, Mr. Ransom was sworn onto the Virginia Governors' Advisory Council on Revenue Estimates where he applies his expertise on the economy to help move the state forward. Thomas has led, chaired and been a member of over a dozen high performing boards of directors and currently serves on the national board of INROADS, Virginia Foundation for Independent Colleges, RVA757, executive committee of the Management Round Table and the Virginia Business Council. Mr. Ransom also serves as the Chairman of the Corporate Advisory Council for the U.S. Black Chambers and he serves on the Executive Committee of the Board for the Virginia Chamber of Commerce. He also serves on the board of the Virginia Bankers Association and he’s the Vice Chair for the Forum Club in Richmond, VA.

    Mr. Ransom led the development of the Truist HBCU strategy which was a three-year $25 million groundbreaking strategy to help ensure the success of those students and schools. Mr. Ransom is a recognized motivational and leadership speaker helping people tap into purpose. Mr. Ransom is a proud member of Sigma Pi Phi Fraternity.

    Mr. Ransom was also selected as a 2021 Top 100 Global Sales Leader by The Modern Sale magazine. Bowie State University presented Mr. Ransom with the HBCU Advocate of the Year award also in 2021. The Virginia Business Magazine recognized Mr. Ransom as a Power leader in their Power Up 2022 edition. Mr. Ransom gave the Commencement address for Virginia State University in 2022 where he was conferred the Presidential Honor.