Adam Currie's 10-year climb up the leadership ladder at First Bank culminated Thursday when he was named the bank's CEO.Adam Currie's 10-year climb up the leadership ladder at First Bank culminated Thursday when he was named chief executive officer of the Southern Pines-based bank.The Board of Directors of First Bancorp, the parent company of First Bank, announced the promotion of Currie from president to CEO on Thursday afternoon.Currie, who is based in Greensboro, has been with First Bank since 2015. He will replace Mi...
Adam Currie's 10-year climb up the leadership ladder at First Bank culminated Thursday when he was named the bank's CEO.
Adam Currie's 10-year climb up the leadership ladder at First Bank culminated Thursday when he was named chief executive officer of the Southern Pines-based bank.
The Board of Directors of First Bancorp, the parent company of First Bank, announced the promotion of Currie from president to CEO on Thursday afternoon.
Currie, who is based in Greensboro, has been with First Bank since 2015. He will replace Michael G. Mayer, who will remain as president of the parent company First Bancorp until early 2026.
"This transition is the culmination of a succession plan that has been in place for many years," said Richard H. Moore, CEO and chairman of the board of directors of First Bancorp (NASDAQ: FBNC).
"It is my privilege to hand over the reins to Adam at this stage of our company's 90-year history. He has demonstrated his astute knowledge of our business and industry and has been instrumental in positioning First Bank for another 90 years of success."
Currie was named president of First Bank in November 2023. Before that he served as First Bank's chief banking officer for two years and spent six years as a regional president with First Bank, which hired him in 2015 to expand the bank's presence into Charlotte.
First Bank's Triad deposits have increased to $1.1 billion and market share has nearly tripled under Currie. First Bank is the seventh largest bank in North Carolina with more than $12 billion in assets and $9 billion in deposits, and the 12th largest in the Triad, where it has a 4% market share and 18 branches.
Before joining First Bank, Currie was managing director of the Financial Institutions Group at PNC Capital Markets and chief operating officer of Commercial Markets at RBC Bank. He started at Bank of America.
"I am honored to assume the role of CEO at First Bank and grateful to lead a company committed to serving our customers, our shareholders, our communities, and each other. As we look to the future, First Bank is poised to thrive thanks to the hard work and insight of Mike Mayer over the last eleven years as CEO. I look forward to continuing the Bank's legacy and guiding this company into its next period of growth."
Currie, born and raised in Charlotte, holds a Bachelor of Arts degree in Economics from the University of North Carolina at Chapel Hill and is a graduate of the Graduate School of Banking program at Louisiana State University.
He was one of Triad Business Journal's C-Suite Award winners in 2024.
First Bancorp is headquartered in Southern Pines and has total assets of approximately $12.2 billion. Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 113 branches in North Carolina and South Carolina.