09/05/2014

Citizens Financial Group appoints Leo “Lee” Higdon to board of directors

PROVIDENCE, RI (September 5, 2014) – Citizens Financial Group, Inc. today announced the appointment of Leo “Lee” Higdon to its board of directors. Higdon most recently served as president of Connecticut College.

“We are pleased to welcome Lee to our board of directors,” said Bruce Van Saun, Citizens Chairman and Chief Executive Officer. “With more than 40 years of financial services, business and higher education experience and extensive experience on the boards of publicly traded companies and large nonprofit institutions, Lee will make an excellent board member.”

Higdon also currently serves on the board of directors of HealthSouth, where he is non-executive chairman, and on the board of directors of Eaton Vance, where he is lead director. He spent 20 years at Salomon Brothers, where he was an investment banker before rising to vice chairman. He then moved into higher education, serving as dean of the Darden School of Business at the University of Virginia and then as president of Babson College and president of College of Charleston. He most recently served as president of Connecticut College before retiring in 2013.

Higdon’s past corporate and nonprofit board appointments have included Chemtura Corporation, Newmont Mining, Bestfoods, Georgetown University, Mt. Holyoke College, the Brooklyn Museum of Art and Africare. He received his B.A. from Georgetown University and M.B.A. from the University of Chicago following two years in the Peace Corps.

About Citizens Financial Group Inc.
Citizens Financial Group Inc. is one of the nation’s oldest and largest financial institutions, with $130.3 billion in assets as of June 30, 2014. Headquartered in Providence, Rhode Island, the company offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Consumer Banking helps its retail customers “bank better” with mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,200 Citizens Bank and Charter One branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Citizens also provides mortgage lending, auto lending, student lending and commercial banking services in selective markets nationwide. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services including lending and deposits, capital markets, treasury services, foreign exchange and interest hedging, leasing and asset finance, specialty finance and trade finance.

Citizens operates via subsidiaries Citizens Bank, N.A., and Citizens Bank of Pennsylvania. Additional information about Citizens and its full line of products and services can be found at www.citizensbank.com.