First Reliance Bank Expands Financial Leadership Team

Thursday, November 19th, 2020

First Reliance Bank has hired Robert Haile as Chief Financial Officer (CFO), Elizabeth Bunn as Treasurer, and elevated Jeff Paolucci into the role of Chief Risk Officer (CRO). These changes begin the first phase of building out what CEO Rick Saunders describes as a "leadership team of unprecedented depth, insight and capability" in the bank's two decades of business.

"Elizabeth and Robert are top-tier professionals in our industry, with knowledge and insight that will be invaluable to our becoming a leading bank and establishing a regional presence, while Jeff's experience with First Reliance over the years has helped lead us to the incredible success we are experiencing. He understands our DNA and will help us design a risk management program without sacrificing the quality banking experience our customers are accustomed to," Saunders said. "All three understand and embrace the importance of building a culture of innovation and achievement, while holding true to our high-touch, excellent service that customers expect and deserve. At this key stage in First Reliance's journey, we are fortunate to have them on board."

Bunn has more than 25 years of banking industry experience. Prior to joining First Reliance, she was treasurer for First Citizens Bank and RBC Bank in Raleigh, NC, and Director, Investments, Funding and Liquidity for RBC. Bunn earned her Masters in Business Administration from the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill, and an undergraduate degree from Duke University.