The Bank Slate


Bank of South Carolina CFO set to take over top spot

Bank of South Carolina in Charleston has finalized its CEO succession.

The $653 million-asset company said in a press release that Fleetwood Hassell will also retire as president on Sept. 30. Hassell will be succeeded by Eugene Walpole IV, Bank of South Carolina’s chief financial officer.

Hassell, who co-founded the bank in 1986 and has been its leader since 2012, will remain on the board.

Walpole, who joined the bank in 2012, has been CFO since 2016.

The announcement “is the culmination of a well-planned and thorough process on the part of the board and Fleetwood to ensure experienced leadership continues,” Hugh Lane Jr., the company’s chairman, said in the release.

“I have worked with Fleetwood his entire career and appreciate the contributions he has made to our employees, customers and shareholders,” Lane added.

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