Press release
Career Financial Services Leader Appointed to First Citizens BancShares Board of Directors
Industry veteran Diane Morais' experience further strengthens Board's governance efforts RALEIGH, N.C., June 26, 2025 /PRNewswire/ -- Diane ("Di") Morais has
About this update from First Citizens Bancshares, Inc.
[{"type":"text","content":"Industry veteran Diane Morais' experience further strengthens Board's governance efforts \nRALEIGH, N.C., June 26, 2025 /PRNewswire/ -- Diane (\"Di\") Morais has been appointed to the board of directors of First Citizens BancShares, Inc. and its subsidiary, First-Citizens Bank & Trust Company (\"First Citizens Bank\"), effective July 1, 2025.\n\n \n \n \n \n \n \n\n \nMorais built an accomplished career in financial services with more than 30 years in the sector. Most recently, Morais held key leadership positions of increasing responsibility at Ally Bank (\"Ally\"). She was instrumental in the creation and launch of the Ally brand in 2009, and she most recently served as President of Consumer and Commercial Banking from 2017 until she retired in 2024. As Consumer and Commercial Banking President, her responsibilities included driving the growth, profitability and digital evolution of Ally's consumer and commercial banking division. She also had oversight of the deposits, online brokerage and advisory offering, mortgage, point of sale lending, credit card and corporate-finance businesses. In addition, Morais oversaw the company's customer care channels and Community Reinvestment Act program.\n\"I am pleased to welcome Di to our board of directors,\" said Frank B. Holding, Jr., chairman and CEO of First Citizens. \"Over the course of her distinguished career, Di has become known as a results-oriented executive with a customer-centric vision and leadership style, which aligns nicely with the relationship-based, long-term focused approach that has guided First Citizens for more than a century. Her knowledge and experience across a broad range of financial services disciplines complement our strong and accomplished Board. We look forward to the invaluable insight Di will provide as a member of our board.\"\nPrior to Ally, Morais spent 12 years at Bank of America, where she served in senior roles in deposit and debit products, national customer experience, card services marketing and consumer mortgage vendor management. Morais also spent nine years in Citibank's credit card division in a variety of marketing, risk and finance roles.\nA native of Pittsburgh, Penn., Morais holds a bachelor's degree from Pennsylvania State University. She is a member of the board of directors for YMCA of Greater Charlotte, Junior Achievement of Central ...