Joel Stephens Appointed head of Regions Capital Markets
May 16 2019 - 9:00AM
Business Wire
Regions Bank today announced that Joel Stephens has been
appointed executive managing director and head of Regions Capital
Markets. Stephens joined Regions in 2008 and most recently led the
Real Estate Capital Markets group. He succeeds Terry Katon who has
chosen to leave the company to spend more time with his family.
Katon will work with Stephens through the second half of 2019 to
ensure a smooth transition for clients and associates.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190516005142/en/
Joel Stephens, Regions Bank (Photo:
Business Wire)
“Capital Markets is a strategic focus area for Regions as our
teams provide the capabilities and expertise to help our clients
succeed,” said Ronnie Smith, head of Regions’ Corporate Banking
Group. "With 25 years’ experience in commercial mortgage backed
securities and commercial real estate lending, Joel is a seasoned
professional with excellent leadership skills and a strong
commitment to serving clients. I'm confident his leadership will
allow us to continue to expand our Capital Markets team and
offerings to grow with our clients.”
Smith continued, “Terry has made significant contributions to
the company and to the Charlotte community over the years by
investing in our associates and making life better for our clients,
and we wish him the best in the future.”
“I’m proud of the strong foundation we have built across the
Corporate Bank and the team of high-quality people who have come
together at Regions to create a unique culture, focused on doing
the right things in the right ways,” said Katon. “While this was a
difficult decision for me, a number of factors on the personal side
of my life make this the right time for me to step away from work
to spend more time with my family. I will miss the outstanding
people I’ve had the privilege to work with over the past 10 years
and wish the Regions team continued success.”
Tim Monte, executive managing director and head of Credit
Products, will assume the additional role of Charlotte Market
Executive, also previously held by Katon. He will work closely with
business group leaders in the Charlotte market to collectively
expand Regions’ client base and make a meaningful difference in the
community.
Regions Capital Markets, a division of Regions Bank, provides
products and services including syndicated loan facilities,
interest rate, commodity and foreign exchange risk hedging. Regions
provides advisory and certain capital raising services through
Regions Securities LLC, member FINRA and SIPC, a wholly-owned
subsidiary which serves as a broker-dealer to commercial clients
and acts in an advisory capacity to merger and acquisition
transactions. BlackArch Partners LLC, a wholly-owned subsidiary of
Regions, offers merger and acquisition services to its
institutional clients and commercial entities.
Joel Stephens biographical information:
Joel Stephens joined Regions Bank in October of 2008 as Managing
Director and head of Regions Bank Real Estate Capital Markets Group
in Atlanta, Ga., which includes the Bank’s HUD lending (multifamily
and seniors housing), agency correspondent (FNMA and Freddie),
CMBS, LIHTC distribution, and CRE loan syndications efforts.
Stephens previously led the Southeast CRE loan origination effort
at Countrywide Commercial Real Estate Finance, where he oversaw
offices in Atlanta and Ft. Lauderdale. Prior to joining
Countrywide, Stephens spent five years in CMBS loan origination at
CSFB’s Bank Alliance Group. Stephens started his career at Wachovia
Bank in 1994, holding various posts in commercial real estate
credit and CMBS loan origination during his tenure. He is a
graduate of Miami University where he received a BS in Finance.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $129 billion in
assets, is a member of the S&P 500 Index and is one of the
nation’s largest full-service providers of consumer and commercial
banking, wealth management, and mortgage products and services.
Regions serves customers across the South, Midwest, and Texas, and
through its subsidiary, Regions Bank, operates approximately 1,500
banking offices and 2,000 ATMs. Additional information about
Regions and its full line of products and services can be found at
www.regions.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190516005142/en/
Evelyn Mitchell205-264-4551regions.doingmoretoday.comRegions
News on Twitter: @RegionsNews
Regions Financial (NYSE:RF)
Historical Stock Chart
From Aug 2024 to Sep 2024
Regions Financial (NYSE:RF)
Historical Stock Chart
From Sep 2023 to Sep 2024