Ted Miller named middle market banker for Memphis; Don Terell becomes first market president of Mississippi
MEMPHIS, Tenn. – May 15, 2025 – Truist Financial Corporation (NYSE: TFC) today announced it expanded its Memphis-based commercial banking team as it continues to execute on growing new clients and deepening existing relationships throughout the region.
Ted Miller, who has nearly 30 years of financial services experience, was promoted to middle market banker in Memphis and will provide tailored strategic advice to privately-owned midsized companies, private equity firms and family offices, among other clients.
Don Terrell, who has more than 20 years of experience, joined Truist from another major financial institution and was named the company’s first Mississippi market president, partnering with commercial clients to give their businesses financial solutions to manage cash flow and risk.
“We’re excited about the collective experience Ted and Don bring to our team as we increase our middle market focus and continue our momentum in commercial banking,” said Johnny Moore, Truist regional president of Tennessee. “Our approach of delivering local strategic advice along with industry expertise is resonating with new and existing clients.”
Miller has worked in commercial and middle market banking for nearly three decades, providing various capital solutions, including debt and equity capital raises, payments solutions, asset-based loans, equipment finance, syndicated credit facilities and new market tax credits. His team will help deliver holistic financial solutions that include corporate finance, credit needs and cash management to help clients succeed.
“The expansion of our Memphis-based team is part of our commitment to developing and attracting talented teammates throughout our footprint,” said Jodie Hughes, head of commercial banking at Truist. “I’m proud of our purpose-driven team and optimistic about our future as we are well-positioned to succeed and help our clients navigate a variety of economic environments.”
Miller served in the Marine Corps and is passionate about the Memphis community. He is treasurer of the Metropolitan Inter-Faith Association board and serves on the Board of Governors of New Memphis.
He earned a bachelor’s degree in finance and an MBA from the University of Memphis. He was previously market president of Memphis for Truist, a role filled by Jean Morton, a longtime not-for-profit banker at Truist.
Terrell, the new Mississippi market president, previously served as senior vice president of Commercial and Agri-Food Banking at another major financial institution. During his nine-year tenure, he was recognized with national performance awards and known for his strategic growth.
He is committed to the community and food security, volunteering as a food sorter for more than a decade at local food banks and is active supporting other regional nonprofits.
He earned a bachelor’s degree in organizational leadership from Union University and is enrolled at Pacific Coast Banking School, an executive development program focused on corporate banking, risk management, leadership strategy, and financial performance.
About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top-10 commercial bank with total assets of $536 billion as of March 31, 2025. Truist Bank, Member FDIC. Learn more at Truist.com.
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