Business
Truist names Charles Alston head of its new Nonprofit Hospitals, Higher Ed and Government banking team
Truist Financial Corporation (NYSE: TFC) today announced it has hired Charles Alston as head of its new Nonprofit Hospitals, Higher Education and Government (HHG) banking team to drive focused growth and deepen client relationships.
About this update from Truist Financial Corporation
[{"type":"text","content":"CHARLOTTE, N.C., June 16, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it has hired Charles Alston as head of its new Nonprofit Hospitals, Higher Education and Government (HHG) banking team to drive focused growth and deepen client relationships.","length":284,"tagName":"p"},{"type":"image","alt":"Charles Alston","displaySize":"","headline":null,"caption":"Charles Alston","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/d231dc9ca441e5df51b2f3b76d57e1cc"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/KGS6qTa3ZeVV4zFLKHSaYw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/d231dc9ca441e5df51b2f3b76d57e1cc","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/2711262/Charles_Alston_Headshot_Truist_Dawn.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"As part of the Truist Specialized Industries team within the expanded Commercial and Corporate Banking business, HHG serves more than 1,000 clients that includes nonprofit hospitals, colleges and universities, and municipal and government entities. The team offers tailored strategic advice and delivers holistic financial solutions to meet the complex needs of these clients, including public finance and trading, payments, credit and cash management.","length":452,"tagName":"p"},{"type":"text","content":""Charles is a proven leader with a deep knowledge of these sectors, and he has a strong record of building successful teams known for innovation and caring for clients," said Jason Cagle, head of Specialized Industries at Truist. "The HHG team is new in name only as we've been serving nonprofit and government clients for decades. We are confident Charles will lead this new focused and dedicated team to accelerate growth across the country."","length":468,"tagName":"p"},{"type":"text","content":"Alston has more than three decades of financial services experience with 20 years dedicated to leading coverage of hospitals, higher education, and nonprofits. Most recently Alston served as the market executive for Bank of America's Healthcare, Higher Education, and Not-for-Profit business covering the Southeast. He brings a diverse leadership background in trea...