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Dake Madray Joins Synovus as Corporate Treasurer

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Synovus Financial Corp. (NYSE:SNV) today announced the appointment of Dake Madray as corporate treasurer. Madray joins Synovus from SunTrust, where he served most recently as head of treasury portfolio management within the corporate treasury function. Madray succeeds Jody Lowery, who retired last year after 34 years of service.

"Dake is deeply experienced in every aspect of corporate treasury and is highly regarded as a dynamic leader of high performing teams at large regional financial institutions," said Jamie Gregory, chief financial officer of Synovus. "We're delighted to welcome Dake back to Synovus and are excited about the vision and energy he'll bring to our corporate treasury team."

After joining SunTrust in 2015, Madray held a number of leadership positions within corporate treasury, including responsibility for the ALCO process, as well as the LIBOR transition initiative. From 2010 to 2015, he was with Regions, where he co-led the bank's investment portfolio with an added focus on derivatives and mortgage servicing rights. Madray was with Synovus from 2008 to 2010 and began his banking career with SouthTrust/Wachovia in 2004.

Madray earned his undergraduate degree from The University of Georgia, an MBA from Georgia Tech, and is a Certified Public Accountant.

Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $48 billion in assets. Synovus provides commercial and retail banking, investment, and mortgage services through 298 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Bank, a wholly owned subsidiary of Synovus, has been recognized as one of the country's "Most Reputable Banks" by American Banker and the Reputation Institute. Synovus is on the web at Synovus.com, and on Twitter, Facebook, LinkedIn, and Instagram.

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