ATLANTA--(BUSINESS WIRE)--Regions Bank on Thursday announced Leo Loughead has been elevated to lead the bank’s Financial Services Group, part of Regions’ Specialized Industries division within Corporate Banking.
Based in Atlanta, Loughead joined Regions in 2018 as a managing director for the Financial Services Group. Over the last three years, he has served an integral role in developing the team’s strategy for structuring and executing credit services, capital markets solutions, and strategic transactions for companies and private equity sponsors active in the financial services industry.
“Leo has been instrumental in the growth of our Financial Services Group, and we know his insights and his passion for an exceptional client experience will continue to fuel our growth as we reach more clients with high-value financial solutions,” said Ward Cheatham, head of Specialized Industries at Regions Bank. “Leo’s leadership skills, combined with his depth and breadth of experience providing advisory and capital raising solutions for specialty finance clients, position our team for additional success in serving this sector.”
Prior to joining Regions, Loughead spent eight years with SunTrust Robinson Humphrey, including four years as its head of the Asset Securitization Group. There, he oversaw warehouse lending and bond distribution across several key client sectors including consumer finance, commercial finance, and equipment finance. Loughead began his finance career with First Chicago, later acquired by J.P. Morgan Chase. Additional previous work experience includes senior structured and asset-backed finance and securitization roles at J.P. Morgan Chase and Bank One.
Loughead earned a Bachelor of Science in Finance and Accounting from the University of Illinois at Chicago.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $156 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,300 banking offices and approximately 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.
