Paul Rossi Joins Capital Bank as Consumer Risk Executive

RALEIGH, N.C., Jan. 9, 2012 /PRNewswire/ -- Capital Bank, N.A. today announced the appointment of Paul Rossi as Consumer Risk Executive in Raleigh, North Carolina. Rossi will lead the risk effort for all consumer loans, mortgage loans and indirect lending across the bank's footprint in the greater southeastern United States.

Rossi comes to Capital Bank with 17 years of banking experience and a Bachelor of Arts in Business Management from North Carolina State University. He recently served as Manager of Credit Policy and Governance with RBC Bank in Raleigh. He has also held the positions of VP, Loan Administration and Business Development Manager with Fidelity Bank.

"I am excited about the opportunity to join Capital Bank and establish a quality consumer presence within the organization and the market places in which we do business," said Rossi. Rossi is an active participant in the community through his involvement as board member with the Community Music School of Raleigh, and the Raleigh Hall of Fame, and will continue to reside in Raleigh with his wife and two children.

About Capital Bank
Capital Bank, N.A. was formed in July 2010 as the banking subsidiary of North American Financial Holdings, Inc., a bank holding company incorporated in 2009 with the goal of creating a regional banking franchise in the Southeastern United States. With approximately $7 billion in total assets and more than 1,500 employees, Capital Bank offers a broad range of financial services and operates 146 branches in Florida, North Carolina, South Carolina, Tennessee and Virginia. More information on Capital Bank is available at www.capitalbank-us.com.

SOURCE Capital Bank, N.A.