09/24/2014
Citizens Financial Group appoints Michael Cummins as Head of Treasury Solutions
Former HSBC executive with more than 20 years of industry experience also previously held positions with JPMorgan Chase and Chase Manhattan Bank
BOSTON, MA (September 25, 2014) – Citizens Commercial Banking, the commercial banking division of Citizens Financial Group, announced today that Michael Cummins has been named Head of Treasury Solutions and will be joining the bank next month.
Cummins joins Citizens from HSBC where he was executive vice president and North American head of payments and cash management. He also was a member of the HSBC North American Executive Committee.
Previously, Cummins spent 15 years at JPMorgan Chase, most recently as managing director and sales executive for treasury services responsible for North American corporations and subsidiaries of Asian, European and Latin American multinationals. His prior roles include managing director and sales executive for mid-market and public sector companies and several specialized industry sectors.
“Michael brings a strong track record of delivering great ideas for commercial banking customers and successfully expanding treasury services capabilities,” said Robert D. Matthews, Vice Chairman, Commercial Banking, Citizens Financial Group. “As we continue growing our overall commercial banking business, Michael will provide important leadership for our Treasury Solutions team.”
“I’m excited about the opportunity to join Citizens at this important time for the bank,” said Cummins. “I look forward to working with my new colleagues to build on past successes as we continue to offer innovative products and provide market-leading service to our clients.”
A University of Rhode Island graduate, Cummins earned his MBA from Columbia University.
Treasury Solutions is responsible for strategy, product development, sales, implementation and service of domestic U.S. treasury management solutions including cash management, commercial card and trade finance. Whether to enhance cash flow, maintain liquidity or find new ways to streamline funds, we offer a full range of innovative products and services to meet the diverse needs of our clients.
Formerly known as RBS Citizens, Citizens Commercial Banking is the commercial banking division of Providence-based Citizens Financial Group. For more information about Citizens Financial Group, go to citizensbank.com.
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.
