Regions Financial Announces David Turner to Retire, Anil Chadha to Serve as Chief Financial Officer

Regions Financial Corp. (NYSE:RF) on Monday announced Chief Financial Officer David Turner will retire March 31 following a nearly 40-year career in auditing and finance, including 20 years of service at the bank. Regions Bank veteran Anil Chadha, who currently serves on Turner’s Finance Department leadership team as Controller and head of Corporate Finance, will succeed Turner as Chief Financial Officer.

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Regions Chief Financial Officer David Turner, left, will retire March 31, 2026, following a nearly 40-year career in auditing and finance. Anil Chadha, right, who currently serves as Regions’ Controller and head of Corporate Finance, will succeed Turner as Chief Financial Officer.

Turner was elevated to CFO at Regions in 2010 and is credited with helping successfully lead the company through what was a tumultuous time for the banking industry. His focus on effective capital allocation and his commitment to prudent risk management were key in strengthening the bank’s position and setting the stage for the peer-leading financial performance Regions is experiencing today.

“David has been a steady and trusted leader through some of the most pivotal moments in our company’s history,” said John Turner, Chairman, President and CEO of Regions Financial Corp. “His financial acumen, his integrity and his unwavering commitment to making sound, strategic decisions have left a lasting legacy. We are deeply grateful for his tremendous service and wish him all the best in this well-earned next chapter.”

During David Turner’s tenure, Regions has delivered sustained growth, achieving strong earnings and consistent value creation for shareholders. Net income reached more than $1.7 billion in 2024, supported by strategic execution and operational discipline. The company’s stock price has grown by approximately 320 percent since 2010, and based on third quarter 2025 results, Regions is on track to lead its peer group in return on average tangible common equity (ROATCE) for the fifth consecutive year.

Regions maintains a strong balance sheet, robust capital and liquidity positions and a strategic hedging program that has helped the company manage interest-rate risk while maintaining resilience through diverse market and economic conditions.

David Turner is also known for cultivating strong, engaged teams and mentoring the next generation of leaders. Chadha, his successor as CFO, is a good example, having worked closely with Turner since joining Regions in 2011.