In 1965, Lowe entered the management training program of State Planters Bank in Richmond, Va. In 1969, he accepted a position with Industrial Bank of Lexington and joined Lexington State Bank in 1970. Lowe was elected Vice President in 1973. He was elected Senior Vice President of the Bank in 1980 and Executive Vice President in 1982. In 1983 Lowe was elected a Director of the Corporation and the Bank. On January 1, 1984, he was elected President and Chief Executive Officer of the Corporation and the Bank, and on January 1, 1990, Lowe was elected Chairman of both the Corporation and the Bank.Lowe’s steady rise through the banking ranks can also be attributed to the fact that he grew up in a banking family. Lowe’s father, Lester Vincent Lowe, Sr., was a Vice President with United Carolina Bank when he died suddenly in 1971, and his brother, L. Vincent Lowe, Jr., was Chairman and Chief Executive Officer of BB&T Corporation when he died suddenly in 1989.
Robert F. Lowe
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