Citizens Financial Group has expanded the responsibilities of its President, Brendan Coughlin, to include oversight of Commercial Banking. This move adds Commercial Banking to a portfolio that already includes Consumer Banking, Private Bank, and Wealth businesses, along with several enterprise functions. Ted Swimmer, Head of Commercial Banking, will report to Coughlin and continue to lead the business unit.

Bruce Van Saun, Chairman and Chief Executive Officer of Citizens, stated that the decision reflects Coughlin's ability to deliver results and is a natural step in broadening his experience across the bank. Van Saun noted that the Commercial Bank is positioned for future growth under Swimmer’s leadership.

Leadership Background

Coughlin is a veteran of more than 20 years at Citizens and was named President in April 2025. Beyond the bank's lines of business, he oversees Marketing and Enterprise Data & Analytics. He also leads the "Reimagine the Bank" initiative, a multi-year effort to modernize core processes and technology.

Swimmer was named Head of Commercial Banking in October 2025. He has advanced the business’s client-focused strategy across corporate banking, private capital, commercial real estate, treasury and wholesale payments, and capital markets and advisory. Under his leadership, the capital markets and advisory team has become a consistent top 5 U.S. middle market deal bookrunner.

Company Profile

Citizens Financial Group, Inc. reported $227.9 billion in assets as of March 31, 2026. Headquartered in Providence, Rhode Island, the institution offers retail, private banking, wealth management, and commercial banking services. Its footprint includes approximately 1,000 branches and 3,000 ATMs across 14 states and the District of Columbia.

Citizens Financial Group, Inc. announced that Chairman and Chief Executive Officer Bruce Van Saun will present at the Barclays 24th Annual Global Financial Services Conference. The presentation is scheduled for Monday, September 14, 2026, at 10:30 am ET.

Investors and interested parties can access the live webcast of the presentation via the Events & Presentations section on the company's investor relations website. The webcast will provide direct access to the executive's remarks regarding the bank's operations and strategy.

Citizens Financial Group is one of the nation’s oldest and largest financial institutions, with $227.9 billion in assets as of March 31, 2026. Headquartered in Providence, Rhode Island, the bank offers a broad range of retail, private banking, wealth management, and commercial banking products and services.

Key Operational Details

The bank serves individuals, small businesses, middle-market companies, large corporations, and institutions. Its Consumer Banking division includes Citizens Private Bank and Private Wealth, while its Commercial Banking division offers lending, treasury management, and capital markets capabilities.