Phillip D Smith

Executive Vice President, Group Head
Government and Institutional Banking
Wells Fargo & Company

Phil Smith is an executive vice president and group head of Government and Institutional Banking (GIB) at Wells Fargo.

Based in Charlotte, N.C., Smith is responsible for banking services, public finance and sales, trading, and underwriting within this segment. Government and Institutional Banking provides a wide range of financial services to meet the needs of government, education, healthcare and nonprofit organizations.

GIB brings together specialized banking teams, investment banking professionals, tax-exempt sales and distribution capabilities to serve more than 5,000 customers nationwide.

Prior to joining Wells Fargo, Smith spent 20 years at Bank of America in a variety of leadership positions surrounding the government and institutional client segment, including relationship manager and market executive roles. The majority of his career has been in the capital markets managing teams in sales and trading and public finance investment banking. Most recently, he was the head of the Municipal Finance Group serving as the municipal supervising principal, which included the Public Finance Investment Bank, Institutional Sales, Trading and Underwriting Desk, and Municipal Structured Products.

Smith is a former vice chairman of the Municipal Securities Rulemaking Board. He has also served on the Securities Industry and Financial Markets Association (SIFMA) Municipal Executive Committee and the Government Finance Officers Association (GFOA) Banking Committee.

Before his tenure in the banking industry, Smith served as an officer in the United States Army. He achieved the rank of captain and commanded a Nuclear Capable, Field Artillery Battery. He earned his bachelor of science degree in corporate finance from The University of Alabama.