Bank of South Carolina Corporation Announces Management Succession Plan
Bank of South Carolina (OTCQX: BKSC) has announced key leadership changes effective January 1, 2026. Douglas H. Sass will retire as Executive Vice President & Senior Lender after 31 years with the bank, though he will remain on the Board of Directors and continue commercial lending activities.
The bank has appointed Robert M. Hollings, III as the new Senior Lender and Jennifer A. Arato as Chief Credit Officer. Hollings, who joined in 2010, currently serves as Senior Vice President. Arato, with the bank since 2002, has been Credit Department Manager since 2006.
President and CEO Eugene H. Walpole, IV expressed confidence in the succession plan, highlighting Sass's contributions during his tenure and the strong leadership qualities of the incoming executives.
La Bank of South Carolina (OTCQX: BKSC) ha annunciato importanti cambiamenti nella leadership a partire dal 1 gennaio 2026. Douglas H. Sass andr脿 in pensione come Vice Presidente Esecutivo e Senior Lender dopo 31 anni di servizio presso la banca, ma rimarr脿 nel Consiglio di Amministrazione e continuer脿 le attivit脿 di prestito commerciale.
La banca ha nominato Robert M. Hollings, III come nuovo Senior Lender e Jennifer A. Arato come Chief Credit Officer. Hollings, che 猫 entrato a far parte della banca nel 2010, attualmente ricopre il ruolo di Vice Presidente Senior. Arato, presente in banca dal 2002, 猫 stata Manager del Dipartimento Crediti dal 2006.
Il Presidente e CEO Eugene H. Walpole, IV ha espresso fiducia nel piano di successione, evidenziando i contributi di Sass durante il suo mandato e le forti qualit脿 di leadership dei nuovi dirigenti.
El Bank of South Carolina (OTCQX: BKSC) ha anunciado cambios clave en el liderazgo, efectivos a partir del 1 de enero de 2026. Douglas H. Sass se retirar谩 como Vicepresidente Ejecutivo y Senior Lender tras 31 a帽os en el banco, aunque permanecer谩 en la Junta Directiva y continuar谩 con las actividades de pr茅stamos comerciales.
El banco ha designado a Robert M. Hollings, III como nuevo Senior Lender y a Jennifer A. Arato como Directora de Cr茅dito. Hollings, quien se uni贸 en 2010, actualmente se desempe帽a como Vicepresidente Senior. Arato, que ha estado en el banco desde 2002, ha sido Gerente del Departamento de Cr茅dito desde 2006.
El Presidente y CEO Eugene H. Walpole, IV expres贸 confianza en el plan de sucesi贸n, destacando las contribuciones de Sass durante su mandato y las fuertes cualidades de liderazgo de los ejecutivos entrantes.
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La Bank of South Carolina (OTCQX: BKSC) a annonc茅 des changements cl茅s dans la direction, effectifs 脿 partir du 1er janvier 2026. Douglas H. Sass prendra sa retraite en tant que Vice-Pr茅sident Ex茅cutif et Senior Lender apr猫s 31 ans au sein de la banque, mais il restera au Conseil d'Administration et continuera ses activit茅s de pr锚t commercial.
La banque a nomm茅 Robert M. Hollings, III comme nouveau Senior Lender et Jennifer A. Arato comme Directrice du Cr茅dit. Hollings, qui a rejoint la banque en 2010, occupe actuellement le poste de Vice-Pr茅sident Senior. Arato, qui travaille dans la banque depuis 2002, est Responsable du D茅partement de Cr茅dit depuis 2006.
Le Pr茅sident et CEO Eugene H. Walpole, IV a exprim茅 sa confiance dans le plan de succession, soulignant les contributions de Sass pendant son mandat et les fortes qualit茅s de leadership des nouveaux dirigeants.
Die Bank of South Carolina (OTCQX: BKSC) hat wesentliche Ver盲nderungen in der F眉hrung bekannt gegeben, die am 1. Januar 2026 in Kraft treten. Douglas H. Sass wird nach 31 Jahren bei der Bank als Executive Vice President und Senior Lender in den Ruhestand gehen, bleibt jedoch im Vorstand und wird weiterhin im Bereich der gewerblichen Kredite t盲tig sein.
Die Bank hat Robert M. Hollings, III als neuen Senior Lender und Jennifer A. Arato als Chief Credit Officer ernannt. Hollings, der 2010 zur Bank kam, ist derzeit Senior Vice President. Arato, die seit 2002 bei der Bank ist, leitet seit 2006 die Kreditabteilung.
Pr盲sident und CEO Eugene H. Walpole, IV 盲u脽erte Vertrauen in den Nachfolgeplan und hob Sass' Beitr盲ge w盲hrend seiner Amtszeit sowie die starken F眉hrungsqualit盲ten der neuen F眉hrungskr盲fte hervor.
- Smooth leadership transition with internal promotions indicates strong succession planning
- Retention of Douglas Sass's expertise through continued board membership and lending activities
- New leaders have significant experience within the bank (Hollings 16 years, Arato 24 years)
- Loss of 31-year veteran executive from daily operations could impact institutional knowledge transfer
A
Mr. Hollings has been with the Bank since 2010, starting his career as a Personal Banker before taking on a variety of roles in credit, lending, and business development. Most recently, he has served as Senior Vice President since 2022. A
Ms. Arato has been with the Bank since 2002, having begun her career as a Personal Banker prior to advancing to Assistant Vice President, Vice President, and Senior Vice President.聽 Moreover, she has served as the Credit Department Manager since 2006. A graduate of the College of
Eugene H. Walpole, IV, President and Chief Executive Officer, remarked, "This announcement marks the successful conclusion of a carefully planned and thorough process that ensures the Bank will continue to benefit from strong, experienced leadership. Over the past 13 years, I have had the privilege of working closely with Doug, and I sincerely appreciate the countless contributions he has made to our employees, customers, and shareholders throughout his remarkable 31-year tenure with the Bank.聽 I'm equally excited to welcome Robbie and Jen to our management team on January 1, 2026. Their dedication and commitment to our continued growth and success have rightfully earned them this opportunity, and I have full confidence in their ability to drive the Bank toward even greater achievements in the years to come."
About Bank of South Carolina Corporation
The Bank of South Carolina Corporation is the holding company of The Bank of South Carolina ("The Bank"). The Bank is a
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FAQ
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