ATLANTA, Nov. 27, 2013 (GLOBE NEWSWIRE) -- State Bank Financial Corporation (Nasdaq:STBZ) announced today that David C. Brown has been named Executive Vice President for Corporate Development, reporting to State Bank Vice-Chairman Steve Doughty. Mr. Brown has been the Managing Principal of Sagus Partners and the Sagus Financial Fund, a leading community bank investment fund since 2007.
Prior to founding Sagus, Mr. Brown was a Principal with Burke Capital Group, an independent investment-banking firm located in Atlanta. At Burke Capital, Mr. Brown provided corporate finance and M&A advisory services to the financial institutions sector, focused primarily on institutions with assets less than $5 billion. Prior to joining Burke Capital, Mr. Brown was a senior banker with Trident Securities, a division of McDonald Investments, a leading investment bank also focused on financial institutions.Brown graduated with a B.A. in Philosophy from Vanderbilt University in 1988. He also received an MBA in Finance from the University of Georgia in 1991. Mr. Brown received the Chartered Financial Analyst designation in 1996. About State Bank Financial Corporation and State Bank and Trust Company State Bank Financial Corporation (Nasdaq:STBZ) is the holding company for State Bank and Trust Company, one of Georgia's best-capitalized banks, with approximately $2.53 billion in assets as of September 30, 2013. State Bank has locations in Metro Atlanta and Middle Georgia. To learn more about State Bank, visit www.statebt.com . The State Bank Financial Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=14370
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