Maria P. Tedesco Named President of Union Bank & Trust
September 12 2018 - 8:00AM
Union Bank & Trust today announced that Maria P. Tedesco has
been named President effective September 28, 2018. She will lead
the commercial banking, business banking, consumer banking, and
wealth management teams as well as enterprise-wide functions of
marketing, digital strategy and customer experience.
“While serving together on the Consumer Bankers
Association Small Business Committee, I observed first hand that
Maria was an impressive thought leader in the banking industry.
Maria brings more than 30 years of both small and large bank
experience to Union and understands the important role the bank and
its teammates play in our communities. She has a strong track
record of building integrated, cross-functional teams sharply
focused on a great customer experience and has a reputation for
being able to get things done, while balancing strategy with
execution. She understands the journey we are on and will help
Union further differentiate itself from competitors. I look forward
to her leadership and contributions to further develop the Union
franchise,” said John C. Asbury, President and CEO of Union
Bankshares Corporation.
“Having started at Citizens Financial Group when
it was smaller than Union is today, I know the challenges and
potential speed bumps that a growing company faces,” said Tedesco.
“Union has a great opportunity to build something uniquely valuable
to its customers, teammates, shareholders and the communities it
serves and I am excited to join Union on its journey.”
Tedesco, 58, was most recently Chief Operating
Officer for Retail at BMO Harris Bank based in Chicago. She was
responsible for retail products, segments, customer experience,
indirect auto, consumer lending, small business lending, business
banking strategy, channels and risk. Prior to that she served as
Senior Executive Vice President and Managing Director of the Retail
Bank at Santander Bank, N.A. where she was responsible for leading
the US retail strategy and business channels, including branch
network, online, mobile, investments, mortgage, call centers, ATMs,
marketing, product marketing, customer experience and program
management office. Before Santander, Tedesco spent 19 years at
Citizens Financial Group, Inc. ultimately becoming Group Executive
Vice President and Executive Director of Retail Banking and
Business Banking for the company.
Tedesco was named one of most powerful women in
banking, team award by American Banker in 2012 and 2017. In 2015,
she was named one of the most powerful women to watch by American
Banker. She received her M.B.A from Northeastern University and her
B.S. from Ithaca College.
ABOUT UNION BANKSHARES
CORPORATIONHeadquartered in Richmond, Virginia, Union
Bankshares Corporation (Nasdaq: UBSH) is the holding company for
Union Bank & Trust. Union Bank & Trust has 140 branches, 7
of which are operated as Xenith Bank, a division of Union Bank
& Trust of Richmond, Virginia, and approximately 200 ATMs
located throughout Virginia and in portions of Maryland and North
Carolina. Non-bank affiliates of the holding company include: Old
Dominion Capital Management, Inc. and Dixon, Hubard, Feinour, &
Brown, Inc., which both provide investment advisory services, and
Union Insurance Group, LLC, which offers various lines of insurance
products.
Investor Contact: Bill
Cimino (804) 448-0937, VP and Director of Investor
RelationsMedia Contact: Beth Shivak (804)
327-5746, VP and Director of Corporate Communications
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/83b0c7f0-cf47-4336-9242-19f90f0e1a05
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