Truist names Mike Maguire as Chief Financial Officer

Truist Financial Corporation ( NYSE: TFC) today announced that Mike Maguire, Truist’s chief consumer finance and payments officer, has been named chief financial officer (CFO) effective Sept. 15. Maguire succeeds current Truist CFO Daryl Bible, whose retirement was announced in May and who will remain at Truist during a transition period. Maguire will continue to serve as a member of Truist’s executive leadership team reporting to Chairman and Chief Executive Officer Bill Rogers and will oversee accounting, tax, treasury, financial planning and...

Truist to acquire the Zaloni Arena platform

Truist Financial Corporation (NYSE: TFC) today announced that it has acquired key strategic assets from Zaloni™, an award-winning leader in data technology solution delivery. Through this agreement, Truist will acquire the Zaloni Arena platform to accelerate its data governance, metadata management, advanced analytics, and artificial intelligence and machine learning (AI/ML) programs. Zaloni Founder and Chief Product Officer Ben Sharma, Chief Technology Officer Ashwin Nayak, and a team of product, engineering and data professionals will join Truist’s Enterprise Data...

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