CHARLOTTE, N.C.,
Nov. 4,
2024 /PRNewswire/ -- Truist Financial Corporation
(NYSE: TFC) today announced it has hired Kerry Jessani as head of mid-corporate banking.
Jessani will build and lead a coverage team focused on delivering
industry-based expertise and solutions to private and public
companies across the U.S.
Mid-corporate banking will complement the national investment
and corporate banking coverage, research, advisory and capital
markets expertise of Truist Securities and bolster Truist's
commercial banking business which operates in some of the most
attractive growth markets in the U.S. The investment in this new
team aligns with Truist's overall strategic plan of accelerating
growth and improving profitability.
Jessani joins Truist following more than 20 years at JP Morgan,
most recently serving as deputy head of specialized industries for
its commercial banking unit. In this role, Jessani led and grew a
national specialized industries team that serves clients across a
variety of sectors, including healthcare, higher education,
restaurants and franchises, and several industrial segments.
Jessani began her tenure at JP Morgan in investment banking
before transitioning to commercial and corporate banking, holding
roles of increasing responsibility across a variety of industry
coverage and treasury management teams. She began her career at
Bear, Stearns & Co. after graduating from Georgetown University and also holds an MBA from
the NYU Stern School of Business. An active member of her
community, Jessani is a board member of the Nursing School at
Belmont University.
Jessani will join Truist in February, reporting to Chief
Wholesale Banking Officer Kristin
Lesher, and serve as a member of the Truist Operating
Council.
"Kerry has a track record of success building and growing a
national team that delivers industry-specific advice," said Lesher.
"Her experience leading teams that provide core banking solutions,
including lending, deposits, and payments, in close partnership
with investment banking and wealth management teams make her a
natural fit for this role."
Truist Wholesale Banking provides comprehensive commercial
banking, corporate and investment banking, commercial real estate,
wholesale payments and wealth management solutions to business
owners, management teams and high net worth individuals and
families.
About Truist
Truist Financial Corporation is a purpose-driven financial
services company committed to inspiring and building better lives
and communities. As a leading U.S. commercial bank, Truist has
leading market share in many of the high-growth markets across the
country. Truist offers a wide range of products and services
through our wholesale and consumer businesses, including consumer
and small business banking, commercial banking, corporate and
investment banking, wealth management, payments, and specialized
lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top-10
commercial bank with total assets of $523
billion as of September 30,
2024. Truist Bank, Member FDIC. Learn more at
Truist.com.
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SOURCE Truist Financial Corporation