Pat Frost, whose tenure with Frost Bank began in 1984, will retired at the end of this year.
Bonnie Arbittier / San Antonio Report
The bank also announced Tuesday that longtime San Antonio banker Kenny Wilson has joined Frost Bank and will take on the job of group executive vice president as well as chief wealth officer. Wilson will lead “the overall strategy, execution, and growth for the Wealth Management teams,” according to a statement from Frost.
“On behalf of all of us at the bank, I’d like to congratulate Pat on his upcoming retirement, acknowledge his longtime service to our company, and thank him for everything he’s done,” Green said in a statement. “Over the years he has played crucial roles in our company’s success, and we’re grateful for all of his contributions to that success.”
Last month Frost Bank posted a $1.7 billion decline in deposits and declining asset balances in its second quarter financial statement, marking the third straight drop in quarterly deposits for the bank,The bank reported assets of $48.6 billion, down from $51 billion in the first quarter and $53 billion at the end of 2022.
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