Financial Services >> CEO Interviews >> September 8, 2003
HUGH C. LANE JR., President/CEO of Bank of South Carolina Corporation, is a 61-
year-old, fourth generation banker and a native of Charleston, South Carolina.
Mr. Lane was graduated from the Choate School in Wallingford, Connecticut, and,
in 1970, earned a BA in Economics from the University of Pennsylvania. Upon
graduation, he entered the U.S. Navy with the rank of Ensign. After receiving an
honorable discharge, he began his banking career in 1972 at C&S National Bank of
Georgia in Atlanta. In 1973, he accepted a position with Chemical Bank, New
York, and worked in the Bond, Leasing, and International Departments. In 1974,
he returned to South Carolina to accept a position with C&S Bank of South
Carolina as City Executive of the Sumter, South Carolina, office. He served on
the C&S Bank of South Carolina Board of Directors for 14 years. In 1976, Mr.
Lane returned to his hometown of Charleston to serve as Executive Vice
President, heading the C&S Bank's Southern Region Credit, with responsibility
for approximately 300 employees. In 1986, when the C&S Bank of South Carolina
was acquired by C&S Bank of Georgia, Mr. Lane resigned to head a group of local
business and community leaders who shared his antipathy for interstate banking,
and organized The Bank of South Carolina. In addition to his responsibilities at
The Bank of South Carolina, Mr. Lane has served as a member of the Advisory
Committee for the ACE Basin National Estuarine Research Reserve System and is
currently a member of the Charleston County Conservation Bank Board. He is past
Chairman of the Board of Trustees for the Belle W. Baruch Foundation; Trustee
and Vice Chairman of the Board at Wofford College; Trustee and past Chairman of
the South Carolina Independent Colleges & Universities; Trustee and past
President of the Charleston Museum; past co-Chairman of the Community Relations
Committee; past member of the Advisory Committee for the Storm Eye Institute of
the Medical University of South Carolina; member of the Trident Chamber of
Commerce; and past member of the Board of Trident Urban League. Mr. Lane is the
recipient of Honorary Doctorates from Charleston Southern University and The
Citadel. He was the 1997 recipient of the "Distinguished Citizen Award" from
Wofford College National Alumni Council, as well as the 1997 recipient of the
Avery Citizenship Award for outstanding community service, presented by the
Avery Research Center. The Chamber of Commerce presented Mr. Lane with the 2004
Joseph P. Riley Leadership Award. In 2008, Mr. Lane was awarded the Order of the
Palmetto by Governor Mark Sanford. Profile
Corporation?
Mr. Lane: We are a one bank holding company, and we formed the holding
company a number of years after we
