– USA, RI – Citizens Financial Group, Inc. (NYSE: CFG) today announced the appointment of Chris Swift and Lee Alexander to its board of directors, effective February 1, 2021.
“We are pleased to welcome both Chris and Lee to our board of directors,” said Chairman and CEO, Bruce Van Saun. “Chris is a standout CEO in the financial services industry, with significant experience in transformation and positioning a venerable company for the future. Lee brings tremendous insights into new technologies, cybersecurity, data analytics and payments gleaned from his experience at The Clearing House and the Federal Reserve Bank of New York. We are fortunate to attract such talented directors as we continue our journey to drive shareholder value and become a top performing bank.”
Citizens also announced that Hoddy Hanna, who has served on the Citizens Board since 2009, will retire from the board after his current term expires at the end of April 2021, given mandatory age considerations under the bank’s corporate governance guidelines.
Van Saun continued, “I would like to thank Hoddy for the fine contribution he’s made to Citizens over the years. We’ve all very much enjoyed working with him and wish him well in life’s next chapter.”
About Chris Swift
Chris Swift currently serves as Chairman and CEO of The Hartford Financial Services Group, a national leader in property and casualty insurance, group benefits, and mutual funds, founded in 1810. He will serve on the board’s Risk Committee
About Lee Alexander
Lee Alexander is the EVP and Chief Information Officer for The Clearing House, operator of core payments system infrastructure in the United States, including a real-time payment system. He will serve on the board’s Audit Committee.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $179.2 billion in assets as of September 30, 2020. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs to offer tailored advice, ideas, and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center, and the convenience of approximately 2,700 ATMs and approximately 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management, and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate, and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities.
For more information: https://www.citizensbank.com
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