Firstrust Bank announced that President Timothy J. Abell will become CEO as part of a long-planned executive transition that will ensure business continuity and growth for the region's largest and strongest full-service, family-owned bank.

Current Board Chairman and CEO, Richard J. Green, who has spent his 45 year banking career building Firstrust, will become the Executive Chairman of the Board of Directors. Richard's grandfather, Samuel, founded the bank in 1934, and during Richard's career was privileged to have worked with both his grandfather, and father, Daniel. Richard will remain the Owner of the bank.

This planned transition will become effective on January 1, 2023. As Tim Abell becomes CEO, Richard, in turn, will focus more fully on Firstrust's continued growth as well as the expanding philanthropic work of The Green Family Foundation.