Business
Truist taps payments veterans to accelerate growth in competitive wholesale market
Truist Financial Corporation (NYSE: TFC) today announced two executive hires to lead Commercial and Corporate Banking sales within its Enterprise Payments business — part of a focused strategy to expand its payments capabilities and strengthen its position in one of the fastest-growing areas of wholesale banking. These appointments bring proven leadership to critical client segments, positioning Truist to deliver integrated treasury, lending and payment solutions that help businesses simplify co
About this update from Truist Financial Corporation
[{"type":"text","content":"Strategic sales hires strengthen Truist's position in one of the fastest-growing areas of financial services ","length":112,"tagName":"p","attribs":{}},{"type":"text","content":"CHARLOTTE, N.C., Oct. 14, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced two executive hires to lead Commercial and Corporate Banking sales within its Enterprise Payments business — part of a focused strategy to expand its payments capabilities and strengthen its position in one of the fastest-growing areas of wholesale banking. These appointments bring proven leadership to critical client segments, positioning Truist to deliver integrated treasury, lending and payment solutions that help businesses simplify complexity and operate with confidence.","length":594,"tagName":"p"},{"type":"image","alt":"Truist logo (PRNewsfoto/Truist)","displaySize":"","headline":null,"caption":"Truist logo (PRNewsfoto/Truist)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/5a637301ca5e04ecab2c3a2267bce59f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ck79Mq.eCoKBZ3VJhb7Rvw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/5a637301ca5e04ecab2c3a2267bce59f","width":400,"height":225}},"href":"https://mma.prnewswire.com/media/1075420/TruistWhiteLogo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Elaine Kim has been named Head of Commercial Banking Sales. With nearly 20 years in financial services, including senior roles at Bank of America and J.P. Morgan, Kim has a proven record of driving double-digit sales growth and expanding market share across healthcare, higher education and not-for-profit sectors. She is recognized for building client-first strategies that strengthen relationships and deliver measurable results. Based in Georgia, Kim holds a Bachelor of Science in Biomedical Engineering with Honors from Brown University, is a Certified Treasury Professional (CTP), and has earned FINRA Series 7, 63 and SIE licenses.","length":643,"tagName":"p"},{"type":"text","content":"Rico Iacchetti joins Truist as Head of Corporate Banking Sales, bringing more than two decades of leadership in financial technology, payments and banking at PNC. He has successfully led mult...