Citizens Expands Capabilities by Adding Insurance Industry Banking Expertise

Citizens Commercial Banking has hired two senior bankers as it increases its commitment to its financial institution and insurance industry clients. Peter Wesemeier, based in Atlanta, and Ben Los, based in Chicago, have joined Citizens as managing directors and will work with Boston-based David Bosselait as financial and strategic partners to Citizens’ existing and new financial institution and insurance industry clients. These moves bring additional expertise to bear as Citizens continues to expand its nationwide presence.

Wesemeier joins Citizens from Regions Bank where he helped found their Financial Services Group and served as Head of Financial Institutions Credit Products. Formerly a senior vice president at Bank of America Merrill Lynch, Los has more than a decade of experience working as a strategic partner with financial institution and insurance industry clients.

“Citizens offers mid-sized insurance companies an unequaled combination of financial strength and deep insurance industry expertise to help guide them through whatever opportunity or disruption their business may face,” said Steve Woods, head of corporate banking at Citizens. “Citizens clients get expert insights from a team of senior-level insurance industry bankers, the financial strength and capabilities of one of the largest commercial banks in the United States and a comprehensive suite of liquidity management and payment solutions, customizable to meet the unique needs of insurance industry clients.”

Citizens is positioned as a strategic and financial partner, offering deep expertise, great ideas and seamless deal execution. The Citizens Commercial Banking approach puts clients first, and offers solutions that help clients make the best decisions throughout the life cycle of their business.

For more information about Citizens, visit the Citizens Commercial Banking website.

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $162.7 billion in assets as of June 30, 2019. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 2,900 ATMs and approximately 1,100 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. 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 rate products, and asset finance. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.