Company Website:
http://www.regions.com
BIRMINGHAM, Ala. -- (Business Wire)
Regions
Bank, the primary banking subsidiary of Regions Financial
Corporation (NYSE:RF), has hired Brian Tate to lead and expand the
company’s Energy
and Natural Resources group. Tate has been appointed executive vice
president and group head of Energy and Natural Resources and executive
managing director of Regions Securities LLC1, reporting to
John Barton, executive vice president and head of Specialized Industries.
Brian Tate, group head, Energy and Natural Resources, Regions Bank (Photo: Business Wire)
Under Tate’s leadership, Regions will grow its established energy
specialized practice group to provide financing, capital markets and
strategic solutions to energy companies operating in the upstream,
midstream, and downstream segments of the energy industry from offices
in Charlotte, N.C.; Houston, Texas; and Jackson, Miss. Additionally, the
group will actively cover energy and utility companies operating in the
power generation, electric transmission and distribution, natural gas,
water, propane, coal, renewable energy and infrastructure segments.
Kelly Elmore, managing director focused on the exploration and
production sector, will continue to play a leadership role in the
Houston office.
“Regions is committed to the energy and power industries and hiring
Brian to lead the expansion of our energy and natural resources platform
is a key step forward for us and especially for our clients,” Barton
said. “Brian’s talent and experience will strengthen our ability to
provide value-added solutions to our clients and we are extremely
excited to have him on our team.”
Tate joins Regions following a distinguished 24 year career as an energy
specialist focused on corporate finance advisory and capital raising in
the loan syndications, debt and equity capital markets for companies
operating in the energy and power industries. For the past 18 years,
Tate served as managing director in the Energy and Power Investment
Banking Group for Wells Fargo Securities, where he was instrumental in
building the power and utilities practice from its inception. Tate
started his banking career at Chase Manhattan Bank in New York serving
in the Global Energy, Global Power and Project Finance Groups prior to
joining a predecessor to Wells Fargo Securities in 1996. He has also
served as an officer in the U.S. Army and Army Reserve. He received a
bachelor’s degree in economics and business from Virginia Military
Institute and an MBA from New York University.
Since 2008, Regions has expanded its banking and capital markets
services for specialized
industries, including Energy, Healthcare, Restaurant, Defense and
Government Services, Technology, Transportation, and Consumer Industry
banking, with a focus on providing financing and strategic solutions to
leading companies in growing and capital intensive industry segments.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $118 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, mortgage, and insurance products and services. Regions
serves customers in 16 states across the South, Midwest and Texas, and
through its subsidiary, Regions Bank, operates approximately 1,700
banking offices and 2,000 ATMs. Investment banking and business advisory
services are offered through Regions Securities LLC. Member FINRA &
SIPC. Additional information about Regions and its full line of products
and services can be found at www.regions.com.
1 Regions Securities LLC, a wholly owned subsidiary of
Regions Financial Corporation, is a U.S. registered broker-dealer and a
member of FINRA and SIPC. Tate will join Regions Securities LLC subject
to completion of required regulatory clearance.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140630006342/en/
Contacts:
Regions Financial Corporation
Evelyn Mitchell, 205-264-4551
www.regionsbanknews.com
Regions
News on Twitter: @RegionsNews
Source: Regions Financial Corporation
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