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Truist strengthens middle market banking team in New Jersey

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Truist has announced a significant expansion of its middle market banking team in New Jersey with the appointment of Gino Di Saverio as team leader, along with three additional experienced bankers. Di Saverio brings over 15 years of banking experience and will focus on generating new client relationships and building high-performing teams.

The expansion includes the hiring of Michael Kourtis (17+ years experience), Scott Tricarico (20+ years experience), and Michael Vara. The team will serve middle market companies with revenues ranging from $20 million to $1 billion, offering strategic advice, corporate finance solutions, credit services, and cash management.

This strategic move aims to strengthen Truist's presence in the New Jersey market and enhance its ability to serve existing clients with comprehensive financial solutions.

Truist ha annunciato un'importante espansione del suo team di banking per il mercato medio nel New Jersey con la nomina di Gino Di Saverio come leader del team, insieme a tre banchieri esperti. Di Saverio porta con sé oltre 15 anni di esperienza nel settore bancario e si concentrerà sulla creazione di nuove relazioni con i clienti e sulla costruzione di team ad alte prestazioni.

L'espansione include l'assunzione di Michael Kourtis (oltre 17 anni di esperienza), Scott Tricarico (oltre 20 anni di esperienza) e Michael Vara. Il team servirà le aziende del mercato medio con fatturati compresi tra 20 milioni e 1 miliardo di dollari, offrendo consulenze strategiche, soluzioni di finanza aziendale, servizi di credito e gestione della liquidità.

Questa mossa strategica mira a rafforzare la presenza di Truist nel mercato del New Jersey e a migliorare la sua capacità di servire i clienti esistenti con soluzioni finanziarie complete.

Truist ha anunciado una expansión significativa de su equipo de banca para el mercado medio en Nueva Jersey con el nombramiento de Gino Di Saverio como líder del equipo, junto con tres banqueros experimentados adicionales. Di Saverio aporta más de 15 años de experiencia bancaria y se centrará en generar nuevas relaciones con los clientes y construir equipos de alto rendimiento.

La expansión incluye la contratación de Michael Kourtis (más de 17 años de experiencia), Scott Tricarico (más de 20 años de experiencia) y Michael Vara. El equipo atenderá a empresas del mercado medio con ingresos que oscilan entre 20 millones y 1 mil millones de dólares, ofreciendo asesoramiento estratégico, soluciones de finanzas corporativas, servicios de crédito y gestión de efectivo.

Este movimiento estratégico tiene como objetivo fortalecer la presencia de Truist en el mercado de Nueva Jersey y mejorar su capacidad para atender a los clientes existentes con soluciones financieras integrales.

Truist는 뉴저지에서 중소기업 은행 팀의 대규모 확장을 발표하며 Gino Di Saverio를 팀 리더로 임명하고 세 명의 추가 경력 은행가를 영입했습니다. Di Saverio는 15년 이상의 은행 경험을 보유하고 있으며, 새로운 고객 관계를 구축하고 고성능 팀을 만드는 데 집중할 것입니다.

이번 확장에는 Michael Kourtis (17년 이상의 경험), Scott Tricarico (20년 이상의 경험), Michael Vara의 채용이 포함됩니다. 이 팀은 2천만 달러에서 10억 달러 사이의 수익을 올리는 중소기업을 대상으로 전략적 조언, 기업 재무 솔루션, 신용 서비스 및 현금 관리 서비스를 제공합니다.

이 전략적 조치는 Truist의 뉴저지 시장 내 입지를 강화하고 기존 고객에게 포괄적인 금융 솔루션을 제공하는 능력을 향상시키기 위한 것입니다.

Truist a annoncé une expansion significative de son équipe de banque pour le marché intermédiaire dans le New Jersey avec la nomination de Gino Di Saverio en tant que leader de l'équipe, ainsi que de trois banquiers expérimentés supplémentaires. Di Saverio apporte plus de 15 ans d'expérience bancaire et se concentrera sur la création de nouvelles relations clients et la construction d'équipes performantes.

L'expansion inclut l'embauche de Michael Kourtis (plus de 17 ans d'expérience), Scott Tricarico (plus de 20 ans d'expérience) et Michael Vara. L'équipe servira des entreprises du marché intermédiaire avec des revenus allant de 20 millions à 1 milliard de dollars, offrant des conseils stratégiques, des solutions de financement d'entreprise, des services de crédit et de gestion de trésorerie.

Ce mouvement stratégique vise à renforcer la présence de Truist sur le marché du New Jersey et à améliorer sa capacité à servir les clients existants avec des solutions financières complètes.

Truist hat eine bedeutende Erweiterung seines Bankteams für den Mittelstand in New Jersey angekündigt, indem Gino Di Saverio als Teamleiter ernannt wurde, zusammen mit drei weiteren erfahrenen Bankern. Di Saverio bringt über 15 Jahre Erfahrung im Bankwesen mit und wird sich darauf konzentrieren, neue Kundenbeziehungen aufzubauen und leistungsstarke Teams zu bilden.

Die Erweiterung umfasst die Einstellung von Michael Kourtis (über 17 Jahre Erfahrung), Scott Tricarico (über 20 Jahre Erfahrung) und Michael Vara. Das Team wird mittelständische Unternehmen mit Umsätzen von 20 Millionen bis 1 Milliarde Dollar bedienen und strategische Beratung, Lösungen für Unternehmensfinanzierung, Kreditdienstleistungen und Cash-Management anbieten.

Dieser strategische Schritt zielt darauf ab, die Präsenz von Truist im Markt von New Jersey zu stärken und die Fähigkeit zu verbessern, bestehenden Kunden umfassende Finanzlösungen anzubieten.

Positive
  • Strategic expansion of middle market banking team with four experienced hires
  • Enhanced coverage for clients with $20M-$1B revenue range
  • Strengthened market presence in New Jersey region
Negative
  • None.

TRENTON, N.J., March 12, 2025 /PRNewswire/ -- Truist announced today the hiring of veteran commercial banking executive Gino Di Saverio, who leads a growing middle market banking team in New Jersey that includes three other recent hires.

"Gino's sterling reputation for generating new client relationships and building high-performing teams will greatly benefit Truist," said Travis Rhodes, Truist's regional president for New Jersey and Pennsylvania. "His experience and leadership will help Truist grow its presence in the market and deepen relationships with existing clients."

Truist's middle market banking team offers tailored strategic advice to midsized companies, delivering holistic financial solutions including corporate finance, credit needs and cash management to help clients achieve their vision and financial goals.

Di Saverio, who joins Truist with more than 15 years of experience at leading banking institutions, has overseen regional strategy, business development and performance for middle market companies in New Jersey. He has held various roles of increasing responsibility in relationship management, credit risk and business development.

"I'm looking forward to being part of a growing middle market banking team and helping Truist expand its expertise, coverage, and capabilities," said Di Saverio. "The collaborative culture at the firm, combined with the opportunity to team with its current roster of industry-leading consultants, is very exciting."

Di Saverio joins other recent hires to bolster the breadth and depth of Truist in middle market banking, including:

  • Michael Kourtis, middle market banker, brings more than 17 years of experience at major financial services providers in New Jersey. His career has focused on helping middle market companies with revenues between $100 million and $1 billion in metro New York and New Jersey.

  • Scott Tricarico, middle market banker, has more than two decades of banking experience, serving New Jersey-based companies ranging from $20 million to $1 billion in revenue size. Scott started his career as a syndicated and leveraged finance banker.

  • Michael Vara, middle market banker, brings experience in corporate banking, strategic client management and market expansion. Previously, he led key industry relationships at top financial institutions in metro New York.

"We're excited to continue to invest in our middle market team in New Jersey," Rhodes said. "With the addition of these new teammates, we are bringing in experienced, high-quality talent to grow and deliver more value to our clients."

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 $531 billion as of December 31, 2024. Truist Bank, Member FDIC. Learn more at Truist.com.

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SOURCE Truist Financial Corporation

FAQ

What is the revenue range of companies that Truist's new middle market banking team will serve in New Jersey?

The team will serve companies with revenues ranging from $20 million to $1 billion in the New Jersey market.

How many new bankers has Truist (TFC) added to its New Jersey middle market banking team?

Truist has added four new bankers: Gino Di Saverio as team leader, along with Michael Kourtis, Scott Tricarico, and Michael Vara.

What services will Truist's expanded middle market banking team offer in New Jersey?

The team offers strategic advice, corporate finance solutions, credit services, and cash management to help clients achieve their financial goals.

How much combined experience do the new Truist (TFC) middle market bankers bring to New Jersey?

The team brings over 52 years of combined experience, with Di Saverio having 15+ years, Kourtis 17+ years, and Tricarico over 20 years of banking experience.
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