BIRMINGHAM, Ala.--(BUSINESS WIRE)--
Regions
Financial Corporation (NYSE:RF), today announced the formation of a
new corporate and investment banking Financial Services Group led by Tom
Dierdorff. Dierdorff has been appointed senior vice president and group
head of Financial Services and managing director of Regions Securities
LLC1, reporting to John Barton, executive vice president and
head of Specialized
Industries.
Under Dierdorff's leadership, Regions will provide financing, capital
markets and strategic solutions to insurance and insurance services
companies, asset managers, broker-dealers, exchanges, specialty finance
companies, depositories and other financial services businesses. The
team will be based in Atlanta, Ga.
"Companies in the financial sector require products, services and
expertise tailored to their specific needs in order to be successful,"
said Barton. "Under Tom's leadership we are well-positioned to meet the
needs of growing financial services clients, and I'm pleased to have an
individual of his experience and reputation leading this important new
banking group."
Dierdorff brings 20 years of banking experience, primarily as a
financial services specialist focused on corporate finance, merger and
acquisition advisory, as well as capital raising in the loan
syndications, debt and equity capital markets. For the past seven years,
Dierdorff served as managing director in the Financial Services and
Technology Investment Banking Group at SunTrust Robinson Humphrey, where
he led the insurance investment banking practice. Dierdorff previously
worked for 11 years at Wachovia Securities covering insurance, bank and
thrift, and other financial institutions clients. He received a
bachelor's degree from Washington and Lee University and an MBA
from Wake Forest University's Babcock Graduate School of Management.
Also joining Region's Financial Services Group are Jeff Nicolosi, Chris
Whiddon and Peter Wesemeier. Nicolosi, a director in the group, was
previously a senior banker in Mergers and Acquisitions and Financial
Services Investment Banking at KeyBanc Capital Markets. He received his
bachelor's degree from Miami University and his MBA from The University
of Chicago. Whiddon, a vice president, joins Regions from specialty
insurance managing general agency Archangel Specialty, where he served
as founder and CEO. Whiddon previously worked at Sherman & Company and
Wachovia Securities. He holds a bachelor's degree from Appalachian State
University. Wesemeier will serve as senior portfolio manager and
financial services credit team leader, overseeing the group's credit
underwriting and portfolio management functions. He previously worked at
SunTrust Robinson Humphrey and Commerzbank. Wesemeier holds a bachelor's
degree from Mercer University.
Since 2008, Regions has expanded its banking and capital markets
services for specialized
industries, including Energy and Natural Resources, Healthcare,
Restaurant, Defense and Government Services, Technology, Transportation,
and Consumer Industry banking, with a focus on providing financing and
strategic solutions to leading companies in growing and capital
intensive industry segments.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $119 billion in assets, is
a member of the S&P 500 Index and is one of the nation's largest
full-service providers of consumer and commercial banking, wealth
management, mortgage, and insurance products and services. Regions
serves customers in 16 states across the South, Midwest and Texas, and
through its subsidiary, Regions Bank, operates approximately 1,700
banking offices and 2,000 ATMs. Investment banking and business advisory
services are offered through Regions Securities LLC. Member FINRA &
SIPC. Additional information about Regions and its full line of products
and services can be found at www.regions.com.
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1 Regions Securities
LLC, a wholly owned subsidiary of Regions Financial Corporation, is a
U.S. registered broker-dealer and a member of FINRA and SIPC. Dierdorff
and other members of the Financial Services Group will join Regions
Securities LLC subject to completion of required regulatory clearance.
Regions Financial Corporation
Evelyn Mitchell, 205-264-4551
www.regionsbanknews.com
Regions
News on Twitter: @RegionsNews
Source: Regions Financial Corporation
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