Citizens Names Ryan Parker to Guide Prosperity Administration Small business

Attained Govt to Additional Accelerate Suggestions-centered Tactic

PROVIDENCE, R.I.–(Small business WIRE)–
Citizens Monetary Team, Inc. (NYSE: CFG) currently declared that Ryan Parker will join the financial institution on Nov. 2 as Head of Prosperity Administration. Parker will report to Brendan Coughlin, Head of Purchaser Banking, and will be successful John Bahnken, who is retiring from Citizens after top Wealth Management for the past five years.

Parker, who beforehand served as main govt officer at Edelman Financial Companies, a top impartial RIA, will target on accelerating Citizens’ existing momentum in Prosperity, a crucial priority as the bank seeks to further more deepen purchaser associations by supplying tailor-made guidance, concepts and methods all through their economical life.

“Ryan is an knowledgeable chief with a monitor history of accomplishment across many facets of wealth administration. His background will aid us accelerate the solid development we have been demonstrating in this essential area,” explained Coughlin. “We are dedicated to making a globe course Prosperity Administration company aimed at remaining our customers’ reliable money advisor, and Ryan will engage in a vital position bringing our capabilities to the following stage.”

For the duration of his time at Edelman, Parker consummated the merger that designed the nation’s premier impartial RIA firm – Edelman Economic Engines. Prior to Edelman, Parker led LPL Financial’s Financial commitment & Organizing Remedies small business, supporting far more than 16,000 monetary advisors and 750 banking companies and credit unions. In advance of turning his concentration to the prosperity management room, Parker held senior roles at Russell Investments and Franklin Templeton Investments.

Included Coughlin: “I’d like to thank John Bahnken for his quite a few contributions over the decades. He has led our Prosperity enterprise by means of a period of incredible adjust and development and the basis he built positions us strongly heading forward. We want him all the greatest in his life’s next chapter.”

About Citizens Fiscal Team, Inc.

Citizens Economical Team, Inc. is just one of the nation’s oldest and largest money institutions, with $179.2 billion in assets as of September 30, 2020. Headquartered in Providence, Rhode Island, Citizens presents a wide array of retail and professional banking products and services to people today, small companies, center-market businesses, huge companies and establishments. Citizens can help its prospects get to their prospective by listening to them and by knowing their requirements in order to give personalized assistance, concepts and solutions. In Purchaser Banking, Citizens supplies an built-in expertise that includes cell and on the web banking, a 24/7 customer contact centre and the comfort of about 2,700 ATMs and about 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest locations. Client Banking goods and products and services include a complete variety of banking, lending, discounts, wealth administration and tiny organization offerings. In Commercial Banking, Citizens gives a broad complement of money goods and alternatives, including lending and leasing, deposit and treasury management expert services, international trade, desire level and commodity risk administration methods, as perfectly as loan syndication, corporate finance, merger and acquisition, and personal debt and fairness money markets capabilities. More facts is accessible at www.citizensbank.com or go to us on Twitter, LinkedIn or Facebook.

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View resource model on businesswire.com: https://www.businesswire.com/news/property/20201026005688/en/

Media: Peter Lucht – 781.655.2289
Buyers: Kristin Silberberg – 203.900.6854

Supply: Citizens Fiscal Group, Inc.