Regions Financial Announces Matt Lusco to Retire, Russell Zusi to Serve as Chief Risk Officer - Seite 2

As Regions’ Chief Risk Officer, Zusi will report directly to Turner and will serve on the company’s Executive Leadership Team. His responsibilities will include overseeing Regions’ company-wide risk-management functions, including Financial Risk, Non-Financial Risk, Compliance and Regulatory Risk, Enterprise Risk, Risk Initiative Management and Integration, and Business Unit Risk Groups for the Corporate Banking Group, Consumer Banking Group, and Wealth Management.

“Risk management is a foundational element of our business at Regions,” Turner said. “It’s a strategic priority and a fundamental part of our culture. Our industry is currently operating in a fast-changing and complex environment with new and emerging challenges and opportunities. Russ understands the crucial role of effective risk management, and we are pleased to welcome his experience and insights.”

“Regions has built a solid reputation as a financial institution that’s dedicated to responsible growth and thoughtful, comprehensive risk management,” Zusi added. “I look forward to joining Regions and collaborating with teams across the company on ways to consistently evolve and enhance risk management while striving to exceed the expectations of all stakeholders.”

Zusi graduated from Cornell University with a Bachelor of Science in Operations Research and Industrial Engineering and a Master of Business Administration. He serves as a board member and head of the finance committee for LIFESPAN, a nonprofit supporting people with disabilities.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $156 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, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,250 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

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The Regions Financial Stock at the time of publication of the news with a fall of -2,18 % to 16,35EUR on Lang & Schwarz stock exchange (21. September 2023, 22:34 Uhr).