F rank Holding Jr. is an American billionaire banker who is the chairman and CEO of First Citizens BancShares. He represents the third generation of his family to lead the North Carolina-based bank. The company was led for decades by his father, Frank Holding Sr., who built it from a small community bank into a major regional player through a series of acquisitions.

Frank Jr. has continued his father's aggressive growth strategy. His most significant and transformative deal was the 2022 acquisition of SVB Financial's commercial banking business after the high-profile collapse of Silicon Valley Bank. This bold move nearly doubled the bank's assets and gave it a major foothold in the lucrative technology and venture capital banking sector in California. The Holding family owns a significant stake in the publicly traded bank, which is the primary source of their wealth.