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Get filing alertsUnited Community Banks appoints Carl Carande to Board, adds risk management expertise
Filed August 3, 2026 · Period ending August 1, 2026 · ~1 min read
Key Changes
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UCB expanded its Board from 12 to 13 directors and appointed Carl Carande effective August 1, 2026, to serve until the next annual shareholder meeting.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Carande brings 40 years of financial services and Big Four consulting experience, most recently serving as KPMG International Head of Global Advisory from 2020 until his 2025 retirement.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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The Board appointed Carande to its Risk Committee, with additional committee assignments to be determined later.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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At KPMG, Carande rebuilt the Southeast Advisory practice into a major growth platform and developed a Business Integration Risk Management offering focused on post-merger execution and operational risk.
Exhibit 99.1 view on EDGAR → -
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Carande previously served as global director of corporate cash management pricing and analysis at Bank of America, managing a function for a product suite that generated $1.4 billion in revenue.
Exhibit 99.1 view on EDGAR →
Summary
United Community Banks expanded its Board of Directors from 12 to 13 members and appointed Carl Carande to fill the new seat, effective August 1, 2026. Carande retired from KPMG in 2025 after a 40-year career in financial services and Big Four consulting, most recently serving as KPMG International Head of Global Advisory since 2020.
The Board assigned him to its Risk Committee, signaling an intent to leverage his risk management expertise. Carande's background is particularly relevant for a community bank pursuing growth. At KPMG, he rebuilt the Southeast Advisory practice into a major growth platform and developed a Business Integration Risk Management offering focused on post-merger execution and operational risk.
He also served as global director of corporate cash management pricing and analysis at Bank of America, managing a function for a product suite that generated $1.4 billion in revenue. His expertise in enterprise risk, technology, and organizational strategy could support United's expansion efforts and strengthen board oversight of the bank's risk profile. This is a routine governance matter with no immediate concerns.
Section-by-Section Diff
Event · Exhibit 99.1
United Community Banks appoints Carl S. Carande, a 40-year financial services and Big Four consulting veteran, to its Board of Directors.
Added in current filing · view on EDGAR →
United Community Banks, Inc. (NYSE: UCB) (“United”) is pleased to announce the appointment of Carl S. Carande to its Board of Directors.
Carande brings a distinguished 40 years of experience in financial services and Big Four consulting, including advising CEOs and boards across multiple industries. His expertise spans finance, enterprise risk, technology, talent and organizational strategy, with a focus on helping global organizations grow while strengthening accountability and agility.
United Community Banks appointed Carl S. Carande to its Board of Directors. Carande brings 40 years of experience in financial services and Big Four consulting, with expertise in finance, enterprise risk, technology, talent and organizational strategy. His background includes advising CEOs and boards across multiple industries on growth, accountability and agility.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 4, 2026 · How we verify