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Truist hires Kerry Jessani to lead new mid-corporate banking team

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Truist Financial (NYSE: TFC) has appointed Kerry Jessani as head of mid-corporate banking. Jessani, who brings over 20 years of experience from JP Morgan, will build and lead a coverage team focused on delivering industry-based expertise to private and public companies across the U.S. The new mid-corporate banking initiative will complement Truist Securities' national investment and corporate banking services while strengthening the company's commercial banking business. Jessani, who previously served as deputy head of specialized industries at JP Morgan's commercial banking unit, will report to Chief Wholesale Banking Officer Kristin Lesher and join Truist in February.

Truist Financial (NYSE: TFC) ha nominato Kerry Jessani come responsabile della banca per le medie imprese. Jessani, che porta con sé oltre 20 anni di esperienza maturata in JP Morgan, costruirà e guiderà un team dedicato alla copertura, focalizzato nel fornire competenze settoriali a aziende private e pubbliche negli Stati Uniti. La nuova iniziativa nel settore della banca per le medie imprese completerà i servizi nazionali di investimento e di corporate banking di Truist Securities, rafforzando al contempo il business di banca commerciale dell'azienda. Jessani, che in precedenza ha ricoperto il ruolo di vice capo delle industrie specializzate nella unità di corporate banking di JP Morgan, riporterà al Chief Wholesale Banking Officer Kristin Lesher e si unirà a Truist a febbraio.

Truist Financial (NYSE: TFC) ha nombrado a Kerry Jessani como jefe de banca para medianas corporaciones. Jessani, que aporta más de 20 años de experiencia de JP Morgan, formará y liderará un equipo de cobertura centrado en ofrecer experiencia basada en la industria a empresas privadas y públicas de EE. UU. La nueva iniciativa de banca para medianas corporaciones complementará los servicios nacionales de inversión y banca corporativa de Truist Securities, al mismo tiempo que fortalecerá el negocio de banca comercial de la empresa. Jessani, que anteriormente se desempeñó como subdirector de industrias especializadas en la unidad de banca comercial de JP Morgan, reportará a la Directora de Banca Mayorista Kristin Lesher y se unirá a Truist en febrero.

트루이스트 파이낸셜 (NYSE: TFC)케리 제사니를 중소기업 은행 부문 책임자로 임명했습니다. 제사니는 JP 모건에서 20년 이상의 경력을 쌓아온 전문가로, 미국의 민간 및 공공 기업에 산업 기반 전문성을 제공하는 데 초점을 맞춘 커버리지 팀을 구성하고 이끌 것입니다. 새로운 중소기업 은행 부문 이니셔티브는 트루이스트 증권의 전국 투자 및 기업 은행 서비스와 보완 관계를 이루며, 기업의 상업 은행 비즈니스를 강화할 것입니다. 제사니는 이전에 JP 모건 상업 은행 부문의 전문 산업 부서 부책임자로 일했으며, 트루이스트의 도매 은행 책임자인 크리스틴 레셔에게 보고하고, 2월에 트루이스트에 합류할 예정입니다.

Truist Financial (NYSE: TFC) a nommé Kerry Jessani comme responsable de la banque pour les entreprises de taille intermédiaire. Jessani, qui possède plus de 20 ans d'expérience chez JP Morgan, construira et dirigera une équipe de couverture axée sur la fourniture d'une expertise sectorielle aux entreprises privées et publiques aux États-Unis. La nouvelle initiative de banque pour les entreprises de taille intermédiaire complétera les services nationaux d'investissement et de banque d'entreprise de Truist Securities tout en renforçant l'activité bancaire commerciale de l'entreprise. Jessani, qui a précédemment été directeur adjoint des industries spécialisées au sein de la division de banque commerciale de JP Morgan, rendra compte à Kristin Lesher, directrice de la banque de gros, et rejoindra Truist en février.

Truist Financial (NYSE: TFC) hat Kerry Jessani als Leiter der Mittelstandsbank ernannt. Jessani, der über 20 Jahre Erfahrung bei JP Morgan mitbringt, wird ein Coverage-Team aufbauen und leiten, das sich darauf konzentriert, branchenspezifische Expertise für private und öffentliche Unternehmen in den USA bereitzustellen. Die neue Initiative im Bereich der Mittelstandsbanking wird die nationalen Investitions- und Unternehmensbankdienstleistungen von Truist Securities ergänzen und gleichzeitig das gewerbliche Bankgeschäft des Unternehmens stärken. Jessani, der zuvor als stellvertretender Leiter der spezialisierten Industrieabteilung bei JP Morgans Unternehmensbank tätig war, wird an die Chief Wholesale Banking Officer Kristin Lesher berichten und im Februar zu Truist stoßen.

Positive
  • Strategic expansion into mid-corporate banking aligns with growth acceleration plans
  • Strengthening of commercial banking business in key growth markets
  • Addition of experienced leadership with 20+ years of industry expertise
Negative
  • None.

CHARLOTTE, N.C., Nov. 4, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it has hired Kerry Jessani as head of mid-corporate banking. Jessani will build and lead a coverage team focused on delivering industry-based expertise and solutions to private and public companies across the U.S.

Mid-corporate banking will complement the national investment and corporate banking coverage, research, advisory and capital markets expertise of Truist Securities and bolster Truist's commercial banking business which operates in some of the most attractive growth markets in the U.S. The investment in this new team aligns with Truist's overall strategic plan of accelerating growth and improving profitability.

Jessani joins Truist following more than 20 years at JP Morgan, most recently serving as deputy head of specialized industries for its commercial banking unit. In this role, Jessani led and grew a national specialized industries team that serves clients across a variety of sectors, including healthcare, higher education, restaurants and franchises, and several industrial segments.

Jessani began her tenure at JP Morgan in investment banking before transitioning to commercial and corporate banking, holding roles of increasing responsibility across a variety of industry coverage and treasury management teams. She began her career at Bear, Stearns & Co. after graduating from Georgetown University and also holds an MBA from the NYU Stern School of Business. An active member of her community, Jessani is a board member of the Nursing School at Belmont University.

Jessani will join Truist in February, reporting to Chief Wholesale Banking Officer Kristin Lesher, and serve as a member of the Truist Operating Council.

"Kerry has a track record of success building and growing a national team that delivers industry-specific advice," said Lesher. "Her experience leading teams that provide core banking solutions, including lending, deposits, and payments, in close partnership with investment banking and wealth management teams make her a natural fit for this role."

Truist Wholesale Banking provides comprehensive commercial banking, corporate and investment banking, commercial real estate, wholesale payments and wealth management solutions to business owners, management teams and high net worth individuals and families.

About Truist

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. As a leading U.S. commercial bank, Truist has leading market share in many of the high-growth markets across the country. Truist offers a wide range of products and services through our wholesale and consumer businesses, including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top-10 commercial bank with total assets of $523 billion as of September 30, 2024. Truist Bank, Member FDIC. Learn more at Truist.com.

 

Cision View original content:https://www.prnewswire.com/news-releases/truist-hires-kerry-jessani-to-lead-new-mid-corporate-banking-team-302294989.html

SOURCE Truist Financial Corporation

FAQ

When will Kerry Jessani join Truist Financial (TFC) as head of mid-corporate banking?

Kerry Jessani will join Truist Financial in February 2024.

What is Kerry Jessani's previous experience before joining Truist (TFC)?

Kerry Jessani spent over 20 years at JP Morgan, most recently serving as deputy head of specialized industries for its commercial banking unit.

What is the purpose of Truist's (TFC) new mid-corporate banking team?

The mid-corporate banking team will deliver industry-based expertise and solutions to private and public companies across the U.S., complementing Truist Securities' services and strengthening commercial banking operations.

Who will Kerry Jessani report to at Truist Financial (TFC)?

Kerry Jessani will report to Chief Wholesale Banking Officer Kristin Lesher.

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