FNB Hires Alfred D. Cho as Chief Consumer Banking Officer
Rhea-AI Summary
First National Bank (NYSE: FNB) has appointed Alfred D. Cho as its new Chief Consumer Banking Officer, succeeding Barry Robinson who is retiring after 15 years of service. Cho brings over 25 years of experience in strategic consulting, investment banking, and financial institutions from prominent firms including J.P. Morgan, Bank of America, and Truist.
In his new role, Cho will oversee Retail Sales and Distribution, Small Business Banking, Mortgage Services, Consumer Banking Solutions and Consumer Product Development. He will report directly to Vincent J. Delie, Jr., Chairman, President and CEO of F.N.B. Corporation and First National Bank.
Positive
- New Chief Consumer Banking Officer brings 25+ years of experience from major financial institutions
- Incoming executive has prior experience working with FNB in advisory capacity
- Smooth leadership transition with retiring officer
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, FNB gained 0.55%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Responsible for driving the consumer banking experience, Cho will oversee Retail Sales and Distribution, Small Business Banking, Mortgage Services, Consumer Banking Solutions and Consumer Product Development.
Cho will report to Vincent J. Delie, Jr., Chairman, President and Chief Executive Officer of F.N.B. Corporation and First National Bank. He brings to FNB more than 25 years of strategic consulting, investment banking and financial institutions group experience earned at some of the nation's most prominent financial institutions, including J.P. Morgan, Bank of America and Truist.
"Alfred's diverse experience and uniquely strategic mindset further augment the capabilities of a very experienced Retail Banking team," said Delie. "The combination of our convenient physical network and industry-leading digital suite, led by eStore®, provides an exceptional launchpad for continued success."
Delie added, "During his 15 years of FNB service, Barry Robinson has been instrumental in both our growth and ability to serve our stakeholders through unprecedented external challenges. He earned the trust of employees and clients alike and we wish him the very best in retirement."
Cho, who has worked closely with FNB throughout his career stated, "Having partnered with the FNB leadership team in an advisory capacity for many years, I have gained a strong appreciation for their talent, culture and vision. I am honored to now join the management team and look forward to continuing this journey together in driving the bank's growth and success."
Cho followed his undergraduate education at the University of
About F.N.B. Corporation
F.N.B. Corporation (NYSE: FNB), headquartered in
FNB provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network, which is led by its largest affiliate, First National Bank of
The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB" and is included in Standard & Poor's MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B. Corporation website at www.fnbcorporation.com.
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SOURCE F.N.B. Corporation
