BRIDGEPORT, Conn., May 4, 2018 /PRNewswire/ -- People's
United Financial Inc. (People's United), today announced the
appointment of Jeff Tengel as
President. As President, Tengel will lead the full complement of
business lines at People's United.
"As our company continues to grow, we need to make sure our
organizational structure properly supports the future trajectory of
People's United," said Jack Barnes,
Chief Executive Officer. "Jeff is uniquely qualified to help lead
the company through our future expansion."
Tengel joined People's United in 2010 from PNC Bank to lead the
Commercial Division. Since that time, he has dramatically expanded
the Commercial Division and its product offerings adding Mortgage
Warehouse, Large Corporate, International, Healthcare, and
Syndications. He has broadened and grown Treasury Management,
Government Banking, Asset Based Lending and the Equipment Finance
businesses. Tengel has also played an important role in integrating
the numerous acquisitions completed over the last eight years.
"I am both honored and excited to be given this opportunity,"
said Tengel. "I look forward to working closely with all of our
team members to continue to build on the success of People's
United."
About People's United Bank
People's United Bank, N.A.
is a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT),
a diversified financial services company with $44 billion in assets. People's United Bank,
founded in 1842, is a premier, community-based, regional bank in
the Northeast offering commercial and retail banking, as well as
wealth management services through a network of over 400 retail
locations in Connecticut,
New York, Massachusetts, Vermont, New
Hampshire and Maine.
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SOURCE People's United Financial, Inc.