11/18/2014
Marc Paulhus Appointed Citizens Bank Rhode Island President
Rhode Island native and 11-year Citizens veteran will manage Citizens Commercial Banking’s Middle Market lending business in Rhode Island and continue running Citizens’ national Asset Finance equipment-financing business
PROVIDENCE, RI (11/18/2014) – Citizens Financial Group, Inc. (NYSE: CFG) today named Marc Paulhus, Head of Asset Finance for Citizens Commercial Banking, as Citizens Bank Rhode Island President.
Paulhus, a Rhode Island native with degrees from Providence College and the University of Rhode Island, has held a number of senior leadership positions with Citizens. He previously served as Illinois state president and has led Citizens Asset Finance, the bank’s equipment financing business, since 2008. He will continue to run that business and also will manage Citizens’ Middle Market lending business in Rhode Island.
As Rhode Island state president, Paulhus will join the company’s Head of Corporate Affairs, Barbara Cottam, Rhode Island Market Executive, in leading Citizens’ engagement with civic, business and community leaders across the state.
“We are very pleased to have a leader of Marc’s caliber heading up our Rhode Island leadership team,” said Robert Matthews, Vice Chairman for Commercial Banking. “As a native Rhode Islander and a seasoned banker who has made significant contributions to the success and growth of our commercial bank, Marc brings considerable leadership skills that will benefit both our Rhode Island customers and the broader Rhode Island community.”
“I am very excited to be coming home to join our team in Rhode Island,” Paulhus said. “Rhode Island is where it all started for Citizens and we are proud to have built up such a strong business while staying true to our roots in the local community. I am honored by this opportunity to help the local team continue providing the best possible banking experience for our Rhode Island customers.”
Paulhus, a member of Citizens’ Executive Leadership Group, came to Citizens in 2003 following senior leadership roles at PureMarkets Corporation, The CIT Group, LB Credit Corporation and Fleet National Bank. He graduated with a degree in business administration from Providence College and received his MBA in finance from the University of Rhode Island.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $131.3 billion in assets as of September 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. Citizens Commercial Banking 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.