STOCK TITAN

Citizens Builds on Growing Presence in California with Hiring of Middle Market Regional Executive

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Citizens Financial Group (NYSE: CFG) announced the hiring of Michael Walker to lead its middle-market team in California. Walker, based in San Francisco, brings over 45 years of banking experience, including previous leadership roles at City National Bank and U.S. Bank. Steve Woods, head of corporate banking at Citizens, highlighted Walker's extensive relationships and leadership skills as key factors in accelerating growth in California. Citizens aims to enhance its presence with nearly 270 colleagues in the state, providing top-tier solutions to businesses and residents. Walker will join other leaders such as Mark Lehmann and David Musicant, following recent strategic hires in wealth management to bolster their Northern California operations.

Positive
  • Michael Walker, with 45 years of banking experience, joins Citizens, potentially enhancing growth in the California market.
  • Citizens is expanding its presence in California by hiring top talent.
Negative
  • None.

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Further strengthening its growing presence in California, Citizens Financial Group, Inc. (NYSE: CFG) today announced that Michael Walker has joined the company to lead its team serving middle market companies across the state.

Michael Walker (Photo: Business Wire)

Michael Walker (Photo: Business Wire)

Walker, based in San Francisco, has more than 45 years of banking experience and most recently served as head of City National Bank’s national commercial banking enterprise. Prior to that, he was U.S. Bank’s market president of the Northern California region for 10 years.

“Michael’s strong relationships, along with his leadership qualities and experience, will help accelerate our growth in the important California market,” said Steve Woods, head of corporate banking at Citizens. “We look forward to providing more of our best-in-class ideas and solutions to the California business community.”

With nearly 270 colleagues across the state, Citizens continues to invest in top talent and solutions to support California’s businesses and residents. Walker will join Citizens’ commercial banking leadership team based in California, including Citizens JMP CEO and California President Mark Lehmann and West/Midwest Mid-Corporate Leader David Musicant. Walker’s hiring follows the recent addition of a team of top California-based wealth managers to complement a major private banking presence in Northern California.

Citizens is a trusted strategic and financial adviser, consistently delivering clear and objective advice. The Citizens approach puts clients first by offering great ideas combined with thorough market knowledge and excellent execution, to help our clients enhance their business and reach their potential. For more information, please visit the Citizens website.

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $220.4 billion in assets as of March 31, 2024. 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 in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. 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. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.

Maureen Barry

910.477.7596

maureen.barry@citizensbank.com

Source: Citizens Financial Group, Inc.

FAQ

Who has Citizens Financial Group hired to lead its middle-market team in California?

Citizens Financial Group has hired Michael Walker to lead its middle-market team in California.

What is Michael Walker's previous experience before joining Citizens?

Michael Walker has over 45 years of banking experience, most recently as head of City National Bank's national commercial banking enterprise. He also served as U.S. Bank’s market president of the Northern California region for 10 years.

How many colleagues does Citizens have in California?

Citizens has nearly 270 colleagues in California.

What is the stock symbol for Citizens Financial Group?

The stock symbol for Citizens Financial Group is CFG.

Citizens Financial Group, Inc.

NYSE:CFG

CFG Rankings

CFG Latest News

CFG Stock Data

18.96B
437.20M
0.69%
97.71%
2.78%
Banks - Regional
State Commercial Banks
Link
United States of America
PROVIDENCE