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Bank executive learns life lesson from industry icon

Pilot Bank President Rita Lowman reported to Hugh McColl, former CEO of Bank of America, earlier in her career.

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  • | 6:00 a.m. October 5, 2018
Courtesy. Rita Lowman recently met with Florida Sen. Marco Rubio over a regulatory relief act.
Courtesy. Rita Lowman recently met with Florida Sen. Marco Rubio over a regulatory relief act.
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Area banking executive Rita Lowman has learned a lifetime of lessons working for some of the top banking leaders in Florida and nationwide.  

One standout lesson comes from legendary banker Hugh McColl, former CEO of Bank of America. Lowman recalled that lesson during a keynote speech she recently gave at a Lakewood Ranch Business Alliance luncheon, where she also told stories from her 2016 memoir, "From the Farm to the Boardroom: Leadership Lessons."

“Hugh once told me he missed his son play in the Little League World Series,” Lowman told the crowd, which followed with some audible gasps. And the executive who built Bank of America into an industry powerhouse, says Lowman, regretted the missed opportunity the rest of his life. “Make some time for your family,” Lowman urged the audience “That’s what it’s all about.”

Lowman, who won the Crystal Grenade award one year at BofA, given to a bank executive who is a fearless decision-maker and overcomes obstacles, also talked up some of recent work accomplishments. That includes her current role, helping guide Tampa-based Pilot Bank, and her work with the Florida Bankers Association, where, as chairwoman, she led a successful lobbying effort on Senate Bill 2155. Both of Florida's U.S. senators, Bill Nelson and Marco Rubio, supported the measure, a regulatory relief act over previous banking regulations.



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