Stocks & Investing
George Buchanan Joins Regions Financial as Executive Vice President Managing Business Services Credit
BIRMINGHAM, Ala.--([ BUSINESS WIRE ])--[ Regions Financial (NYSE:RF) ] today announced it has appointed George Buchanan executive vice president and head of credit for the companya™s business services division.
"George brings an extensive background in credit underwriting, loan policy, and risk management, as well as a unique knowledge of our company, to this important position"
Buchanan will report to Chief Credit Officer Barb Godin and will manage all aspects of credit approval and asset quality for the companya™s business and commercial loan portfolios, including commercial and industrial lending, small business lending, and the extension of credit to commercial real estate clients.
aGeorge brings an extensive background in credit underwriting, loan policy, and risk management, as well as a unique knowledge of our company, to this important position,a said Godin. aHe will play an integral role in our efforts to maximize revenue opportunities, reduce our risk profile, and return to sustainable profitability.a
Buchanan joins [ Regions ] from U.S. Bank where he most recently served as senior vice president and chief credit officer for small business. Prior to joining U.S. Bank in 2007, Buchanan was the business banking senior credit officer for Regions Financial, where he served in many credit roles during his 13 years with Regions and its predecessor, AmSouth. He began his career at First Union in 1992 as a credit analyst.
Buchanan is president of the Small Business Financial Exchange Board of Directors and chairs the Risk Management Association Small Business Committee. He previously chaired the Consumer Bankers Association Small Business Committee. He received an undergraduate degree from the University of Illinois and an MBA from Auburn University.
About Regions Financial Corporation
Regions Financial Corporation, with $132 billion in assets, is a member of the S&P 100 Index and is one of the nationa™s largest full-service providers of consumer and commercial banking, trust, securities brokerage, 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 1,800 banking offices and 2,200 ATMs. Its investment and securities brokerage trust and asset management division, Morgan Keegan & Company Inc., provides services from over 300 offices. Additional information about Regions and its full line of products and services can be found at [ www.regions.com ].