Mr. Joel A. Smith III, Vice-Chair
Dean Emeritus, USC Moore School of Business
President (retired), Bank of America East
Mr. Joel Smith spent nearly 30 years with Bank of America, advancing from his initial role as credit analyst to President of Bank of America East with responsibilities for Commercial, Small Business, Premier and Consumer Banking divisions in seven states and the District of Columbia. Following his retirement from Bank of America in 2000, he was named Dean of the Darla Moore School of Business and became the first businessperson to lead that school. During his seven year tenure, the Moore School reached record levels in international rankings, enrollment and academic achievements. He retired in 2008 and was named Dean Emeritus.
Mr. Smith has also been a visionary leader in the not-for-profit sector and a champion for vital issues such as economic development, education and the arts across South Carolina. He has served on the boards of numerous organizations and educational institutions, including Spoleto Festival USA, The University of the South, The Palmetto Institute, SC Educational TV Endowment, SC Education Accountability Oversight Committee, Still Hopes Episcopal Retirement Community and the Columbia Museum of Art.
Among the many honors he has received for his professional achievements and civic leadership, Mr. Smith was awarded the Order of the Palmetto, South Carolina’s highest civilian award, in 2003, was inducted into the South Carolina Business Hall of Fame in 2001 and was named Humanitarian of the Year by the United Way of the Midlands in 2000.
Mr. Smith holds a political science degree from the University of the South and graduated from the National Commercial Lending School at the University of Oklahoma and the School of Banking of the South at Louisiana State University. He served as member of the United States Navy and Naval Reserves, retiring in 1987 with the rank of Commander.
Prior to joining the Institute’s Board, Mr. Smith served as chair of the Long-Term Care Taskforce, which was convened by the Institute during 2014-2015 and released 30 recommendations to improve the long-term care system and prepare it for the rapid growth in the aging population.