Kelly Trombetta Joins First National Bank as Chief Operational Risk Officer

Rhea-AI Summary

First National Bank, the largest subsidiary of F.N.B. (NYSE: FNB), has appointed Kelly Trombetta as Chief Operational Risk Officer. Trombetta, who brings over 25 years of financial services, risk and leadership experience, will oversee the company's operational risk management program and ensure regulatory compliance as FNB approaches $50 billion in assets. She reports to Chief Risk Officer Thomas Whitesel and holds degrees from Grove City College and Duquesne University.

Positive

• Strategic hire to manage operational risk as company approaches $50 billion asset milestone
• Strengthening risk management capabilities with experienced executive

Negative

• None.

News Market Reaction

-1.29%

1 alert

-1.29% News Effect

On the day this news was published, FNB declined 1.29%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

PITTSBURGH, Oct. 31, 2024 /PRNewswire/ -- First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), announced today it has hired Kelly Trombetta as Chief Operational Risk Officer.

Trombetta is responsible for proactively assessing FNB's operational risk management program and ensuring that appropriate systems and processes are in place to comply with regulatory rules that will apply to the Company as it approaches $50 billion in assets. She joins FNB with more than 25 years of financial services, risk and leadership experience, and reports to FNB's Chief Risk Officer, Thomas Whitesel.

Trombetta earned her bachelor's degree from Grove City College and her Master of Business Administration and Master of Science in Information Systems Management from Duquesne University. Still an active supporter of Duquesne, Trombetta serves on the university's Information Systems and Technology Advisory Council. She also supports her community as a member of the United Way of Southwestern Pennsylvania Women's Leadership Council.

About F.N.B. Corporation

F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Columbia. FNB's market coverage spans several major metropolitan areas, including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina; and Charleston, South Carolina. The Company has total assets of $48 billion and approximately 350 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C. and Virginia.

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 Pennsylvania, founded in 1864. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, government banking, business credit, capital markets and lease financing. The consumer banking segment provides a full line of consumer banking products and services, including deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services. FNB's wealth management services include asset management, private banking and insurance.

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

FAQ

Who is the new Chief Operational Risk Officer at First National Bank (FNB)?

Kelly Trombetta has been appointed as the new Chief Operational Risk Officer at First National Bank, bringing over 25 years of financial services, risk and leadership experience.

What is FNB's current asset milestone target?

FNB is approaching $50 billion in assets, which will subject the company to additional regulatory requirements.

What are Kelly Trombetta's main responsibilities at FNB?

Kelly Trombetta is responsible for assessing FNB's operational risk management program and ensuring compliance with regulatory rules as the company approaches $50 billion in assets.