Keith Karlawish has been promoted to president of BB&T Asset Management, a registered investment advisory firm, the company announced last week. With more than $17 billion in assets under management, BB&T Asset Management, a subsidiary of BB&T Corp., serves as investment advisor to the BB&T Funds, a family of 30 mutual funds and annuities.

Karlawish was promoted from director of BB&T Asset Management's fixed income management team, where he oversaw the firm's fixed income research and management and served as portfolio manager of the BB&T Intermediate U.S. Government Bond Fund.

"Keith has already been instrumental in building BB&T Asset Management's investment capabilities over the past 11 years," said BB&T executive vice president Ken Miller, Jr. "We look forward to his dynamic leadership in his new role as we [integrate] business units to provide our growing client base with disciplined and sophisticated investment strategies and superior service."

Karlawish replaces David McMahon, who has been named corporate economist for another BB&T Corp. subsidiary, BB&T Funds Management Group.

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