Commenting on the appointment, Ken Kavanagh stated, "Our business plan includes growing non-punitive fee income; our investment and trust advisory businesses will be important to meeting that objective. Appointing a wealth management executive of Britt’s caliber is reflective of this strategy."

Borders’ experience includes 26 years in the financial services industry. Prior to joining Capital Bank, Borders served as Director of Wealth Management for Community & Southern Bank where he was responsible for building a high net worth division. He held a similar position at Buckhead Capital Management in Atlanta and also served as Director of the Wealth Advisory Group for First Citizens Bank. Borders is a graduate of Georgia State University and will office out of Capital Bank’s downtown Raleigh location.

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