Frank B. Holding Jr. is an American businessman, the Chairman and CEO of First Citizens BancShares, Inc. (NASDAQ: FCNCA), and its subsidiary, First-Citizens Bank & Trust Company. His wealth is rooted in the long-standing family legacy of the largest family-controlled bank in the United States.

Holding is a native of Smithfield, North Carolina. He received an elite education, earning a bachelor's degree from the University of North Carolina at Chapel Hill and an MBA from The Wharton School of Finance, University of Pennsylvania. This comprehensive training in finance and business prepared him for the crucial generational succession in the highly regulated banking industry.

Frank Holding Jr. assumed the role of CEO in January 2008 and was elected Chairman in February 2009, guiding the bank through the challenges of the 2008 financial crisis and subsequent market expansion. His leadership has been defined by a strategy of conservative growth combined with strategic acquisitions, ensuring First Citizens' stability and market share growth across the United States.

The family maintains tight control over the bank, a factor often cited for its stability. Holding is actively involved in business and civic life, serving as Chairman of the Board of Trustees for BlueCross BlueShield of North Carolina and on the board of Wake Forest University. His sister, Hope Holding Bryant, serves as Vice Chairwoman, ensuring the generational continuity of the family's management. His wealth is tied to the long-term, stable value of the large regional bank he controls.

Frank Holding Jr.'s social impact is structural, stemming from First Citizens Bank's role as a major lender and financial institution that supports regional economic development and small businesses in the Southeast U.S. His leadership in the healthcare sector (BlueCross BlueShield) provides a structural contribution to regional health policy.

His personal philanthropy supports various educational and community initiatives, reflecting his commitment to his alma mater and local civic organizations.

Frank Holding Jr. maintains the professional, composed style of a banking executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of stability and financial trustworthiness, essential for a leader in the highly regulated banking industry.

Residing in Smithfield, North Carolina, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to the stewardship of his family's long-term banking legacy and his high-level involvement in regional financial and civic governance.