Bank of North Carolina names new Charlotte-area president

Bank of North Carolina has named a new market president whose territory includes the Charlotte metropolitan area.

The High Point-based lender announced Wednesday that it has promoted Rob Ellenburg to the role of North Carolina southern region market president. In that position, he will be responsible for leading the commercial and retail banking teams for the Charlotte metro area and Buncombe and Henderson counties.

Ellenburg is replacing Bill Connolly, who has been named chief commercial banking officer. Ellenburg most recently served as Charlotte area executive for the bank.

According to a press release from the bank, Ellenburg serves on the board of directors of Junior Achievement of Central Carolinas and the board of the Lake Norman Giants football association.

Bank of North Carolina's parent company is BNC Bancorp. It is the ninth largest bank in the Charlotte region by deposits, according to federal data.

In April, the bank announced it completed its acquisition of South Street Financial Corp., a $26 million deal that gives BNC Bancorp a deeper presence in the Charlotte area.