First Citizens BancShares appoints David Leitch to the Board of Directors

– USA, NC –  First Citizens BancShares, Inc. (Nasdaq: FCNCA), and its subsidiary, First-Citizens Bank & Trust Company, today announced the appointment of David Leitch to their Board of Directors, effective Jan. 1, 2024.

David Leitch will join the audit committee and compensation, nominations, and governance committee.

About David G. Leitch

A distinguished leader, executive, and lawyer, David Leitch brings extensive experience and valuable insight to the board. He retired from Bank of America Corp., where he served as vice-chair from 2021 to 2022 and as its global general counsel from 2016 to 2021. During his tenure at Bank of America, his responsibilities included oversight of that bank’s legal functions and relationships with regulatory and legal authorities around the world. In addition, he was chief legal advisor to the company’s board of directors and senior management, participating on several management-level committees overseeing risk management, including matters relating to operational and technology-related risks, compensation practices, and disclosure requirements. Before his role at Bank of America, he served as general counsel and group VP of Ford Motor Co. from 2005 to 2015.

Before joining Ford, David Leitch spent several years working for the federal government in a range of roles, including deputy counsel to the president of the United States, chief counsel for the Federal Aviation Administration, and deputy assistant attorney general in the U.S. Department of Justice.

During his time in private practice, David Leitch was a partner in the appellate litigation group at Hogan & Hartson L.L.P. in Washington, D.C.

After graduating first in his class from the University of Virginia School of Law in 1985, David Leitch worked first as a law clerk for Circuit Judge J. Harvie Wilkinson III of the U.S. Court of Appeals for the Fourth Circuit and later for Chief Justice William H. Rehnquist of the Supreme Court of the United States. He earned his bachelor’s degree from Duke University.

About First Citizens BancShares

First Citizens BancShares, Inc., a top 20 U.S. financial institution with more than $200 billion in assets, is the financial holding company for First Citizens Bank. Headquartered in Raleigh, N.C., and now celebrating the 125th anniversary of its founding, First Citizens Bank has built a unique legacy of strength, stability, and long-term thinking that has spanned generations. First Citizens Bank offers an array of general banking services including a network of more than 500 branches and offices in 30 states; commercial banking expertise delivering best-in-class lending, leasing, and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank.

For more information: https://www.firstcitizens.com/

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