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From the moment that John Asbury took over in October 2016 as president and chief executive officer at Union First Market Bankshares Corp., an $8.3 billion bank headquartered in Richmond, Virginia, he had a plan to build a bigger, better bank. Asbury wasted little time executing on that plan. He acquired community banks in Virginia in 2017 and 2018, which nearly doubled Union First Market’s asset size to almost $17 billion and established itself as the state’s largest independent bank. The bank changed its name to Atlantic Union Bankshares in 2019 — a sign of Asbury’s even larger ambitions. The…
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WRITTEN BY
Jack Milligan
Editor-at-Large
Jack Milligan is the Editor-At-Large of Bank Director magazine, a position to which he brings over 40 years of experience in financial journalism organizations. Jack contributes to Bank Director’s editorial coverage and leads its director training efforts. In 2022, Jack developed Bank Director’s Director Certification Program to bring much-needed governance training to bank boards.
Jack is a nationally recognized speaker at financial industry conferences. Over Jack’s tenure, he has interviewed some of the most notable bank CEOs and senior leaders in the financial industry. He has a master’s degree in Journalism from The Ohio State University.