George Buchanan Joins Regions Financial as Executive Vice President Managing Business Services Credit
February 16 2011 - 9:00AM
Business Wire
Regions Financial (NYSE:RF) today announced it has appointed
George Buchanan executive vice president and head of credit for the
company’s business services division.
Buchanan will report to Chief Credit Officer Barb Godin and will
manage all aspects of credit approval and asset quality for the
company’s business and commercial loan portfolios, including
commercial and industrial lending, small business lending, and the
extension of credit to commercial real estate clients.
“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,” said Godin. “He will play
an integral role in our efforts to maximize revenue opportunities,
reduce our risk profile, and return to sustainable
profitability.”
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 nation’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.
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