Citizens Financial Group Welcomes Christopher Schnirel

Citizens Financial Group Welcomes Christopher Schnirel

Citizens Financial Group (NYSE: CFG) is excited to announce the appointment of Christopher Schnirel as its new Controller and Chief Accounting Officer. This strategic decision marks a significant step for the organization as it focuses on maintaining high standards in financial reporting and controls.

Expert Leadership In Financial Services

John Woods, the Vice Chair and Chief Financial Officer, expressed enthusiasm about Schnirel's addition to the team. "We are pleased to welcome Chris to Citizens, where he will play a key role in maintaining a high standard of excellence in financial reporting and controls as well as supporting our strategic agenda," Woods stated. His experience encompasses over 20 years in financial services, showcasing a wealth of knowledge and leadership capabilities that are essential for the role.

Career Background of Christopher Schnirel

Schnirel's most recent position was as Senior Vice President and Assistant Controller at Huntington Bancshares Inc. In this role, he led various significant functions, including SEC reporting and regulatory reporting, and managed accounting policies as well as treasury controllership. His experience in these areas garnered tremendous respect over his 12-year tenure.

Before joining Huntington, Schnirel held important senior accounting positions with HSBC North America. His impressive career commenced at PricewaterhouseCoopers LLP, where he built a strong foundation in finance. He takes over from Jack Read, who departed from Citizens for opportunities outside the banking sector.

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. stands as one of the oldest and largest financial institutions in the nation, with assets soaring to $219.9 billion. Based in Providence, Citizens caters to a diverse clientele, offering a broad array of retail and commercial banking products and services tailored to meet the unique needs of individuals and businesses alike.

In Consumer Banking, Citizens provides an all-encompassing experience that includes user-friendly mobile and online banking platforms, ensuring convenient access for customers. With approximately 3,300 ATMs and around 1,000 branches across 14 states and the District of Columbia, Citizens is dedicated to offering comprehensive services, including a full range of banking, lending, savings, wealth management, and small business offerings.

Commercial Banking Solutions

Citizens excels in Commercial Banking by providing an extensive suite of financial products and solutions. These offerings encompass lending and leasing, deposit and treasury management services, and foreign exchange solutions. Furthermore, they provide robust support for risk management concerning interest rates and commodities, alongside corporate finance, loan syndication, and merger and acquisition capabilities. This diversified service framework ensures that Citizens meets the sophisticated needs of middle-market companies, large corporations, and institutional clients.

Citizens has built a reputation for helping customers achieve their financial goals by listening closely to their needs and providing tailored advice and solutions. The company continuously seeks to enhance its services to stay responsive and relevant in a dynamic financial landscape.

Frequently Asked Questions

What is the role of Christopher Schnirel at Citizens Financial Group?

Christopher Schnirel serves as the Controller and Chief Accounting Officer, focusing on high standards in financial reporting and controls.

What prior experience does Schnirel bring to his new position?

He has over 20 years of experience in financial services, having held significant roles at Huntington Bancshares Inc. and HSBC North America.

How does Citizens Financial Group support its customers?

Citizens listens to its customers' needs to provide tailored banking solutions and services that help them achieve their financial goals.

What products and services does Citizens offer?

The organization provides a wide range of consumer and commercial banking products, including lending, treasury management, and wealth management services.

Where is Citizens Financial Group headquartered?

Citizens Financial Group is headquartered in Providence, offering service to clients across multiple states through numerous branches and ATMs.

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