Southern First Bank’s Seaver Named to BDC Board

Art Seaver, Chief Executive Officer, Southern First Bank/Southern First Bancshares.
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R. Arthur “Art” Seaver Jr., founder and Chief Executive Officer of Southern First Bank and its holding company, Southern First Bancshares, has joined the Board of Directors of Business Development Corporation (BDC).

Southern First opened in 1999 and now operates in 12 locations in the Greenville, Columbia, and Charleston markets, as well as the Charlotte, Triangle and Triad regions of North Carolina and in Atlanta. Southern First Bancshares now has assets of about $4 billion and is publicly traded on the NASDAQ exchange.

Seaver is a 1986 graduate of Clemson University and a 1999 graduate of the BAI Graduate School of Community Bank Management. He also has served on the Community Depository Institutions Advisory Council of the Federal Reserve Bank of Richmond and on the Board of Directors of the South Carolina Bankers Association. His community work has included serving in leadership roles with the United Way of Greenville County, the Phillis Wheatley Community Center, Greenville Chamber of Commerce, Junior Achievement, and many other organizations.

“Supporting small businesses while helping to improve the communities we serve have been dual passions of my life and career. I’m delighted to be asked to share what I’ve learned along the way with the BDC team,” said Seaver.

“Art Seaver is an accomplished banker and a real leader in our industry. We’re excited to have him join our board and we look forward to his contributions,” said Peter G. Shand, BDC President and CEO.