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Citizens Financial Appoints Cummins as Head of Treasury Solutions

September 26, 2014, 07:56 AM

Citizens Commercial Banking, the commercial banking division of Citizens Financial Group, announced today that Michael Cummins has been named Head of Treasury Solutions and will be joining the bank next month.

Cummins joins Citizens from HSBC where he was executive vice president and North American head of payments and cash management. He also was a member of the HSBC North American Executive Committee.

Previously, Cummins spent 15 years at JPMorgan Chase, most recently as managing director and sales executive for treasury services responsible for North American corporations and subsidiaries of Asian, European and Latin American multinationals. His prior roles include managing director and sales executive for mid-market and public sector companies and several specialized industry sectors.

“Michael brings a strong track record of delivering great ideas for commercial banking customers and successfully expanding treasury services capabilities,” said Robert D. Matthews, Vice Chairman, Commercial Banking, Citizens Financial Group. “As we continue growing our overall commercial banking business, Michael will provide important leadership for our Treasury Solutions team.”

“I’m excited about the opportunity to join Citizens at this important time for the bank,” said Cummins. “I look forward to working with my new colleagues to build on past successes as we continue to offer innovative products and provide market-leading service to our clients.”

A University of Rhode Island graduate, Cummins earned his MBA from Columbia University.

Treasury Solutions is responsible for strategy, product development, sales, implementation and service of domestic U.S. treasury management solutions including cash management, commercial card and trade finance. Whether to enhance cash flow, maintain liquidity or find new ways to streamline funds, we offer a full range of innovative products and services to meet the diverse needs of our clients.

Formerly known as RBS Citizens, Citizens Commercial Banking is the commercial banking division of Providence-based Citizens Financial Group.

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