Keyes to lead Citizens Bank in Vermont

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Keyes to lead Citizens Bank in Vermont

Wed, 08/25/2004 - 8:00pm -- tim

JAMES KEYES PROMOTED TO PRESIDENT OF CITIZENS BANK'S CHARTER ONE FRANCHISE
IN VERMONT
Keyes, Who Joined Citizens Bank in 2002 as EVP of Commercial Lending, Will
Oversee Vermont Operations
Providence, RI (August 26, 2004) - Citizens Financial Group announced
today that James R. Keyes will be President of Citizens Bank's Charter One
franchise in Vermont. Citizens takes over Charter One on September 1. Keyes, who joined Citizens Bank New Hampshire in
June of 2002 as Executive Vice President of Commercial Lending, will
return to the Vermont market, where he spent more than 17 years.
"Jim brings more than 25 years of diverse banking experience to his new
role within Citizens Bank," said Bob Mahoney, Vice Chairman of New England
Banking at Citizens Financial Group. "He is a 'balanced banker' with a
background that includes executive level management positions in many
areas of banking - with specific experience in commercial lending and risk
management. He is an accomplished banking professional who is committed
to serving our employees, our customers and the Vermont community."
Prior to joining Citizens Bank in June of 2002, Keyes served as president
and chief executive officer at First Vermont Bank, a subsidiary of the
Banknorth Group in Brattleboro, Vermont. While there he was responsible
for achieving and maintaining outstanding financial performance, and he
managed the successful merger of Woodstock National Bank into First
Vermont Bank in 1999. Keyes has also held numerous executive level
positions with the Banknorth Group and The First National Bank of Boston.
"I look forward to returning to Vermont - this time to the Burlington area
-- and becoming re-acquainted with the many communities throughout the
state," said Keyes. "I continue to be impressed with Citizens focused
business strategy, and I enthusiastically embrace the opportunity to
expand the bank's successful franchise into the Vermont marketplace."
Keyes holds a master's degree in business administration from Northeastern
University and a bachelor's degree from Middlebury College. He has been
an active member of both the Vermont Bankers Association and the Vermont
Chamber of Commerce. Keyes is also on the Board of Trustees for
Middlebury College, and was vice chair of the board of directors of
Southern Vermont Health Services Corp. and Brattleboro Memorial Hospital.
About Citizens Bank New Hampshire
Citizens Bank New Hampshire is an $8.4 billion state-chartered,
full-service commercial bank headquartered in Manchester. It has 75
branches and 167 ATMs located throughout the state and is a major lending
and commercial banking services resource for the New Hampshire business
community. It has more than 1,200 employees.
Citizens Bank New Hampshire is a subsidiary of Citizens Financial Group,
Inc., an $80 billion commercial bank holding company. It is headquartered
in Providence, R.I., and has more than 870 offices, approximately 1,680
ATMs and approximately 16,000 employees in seven states. It operates as
Citizens Bank in Connecticut, Delaware, Massachusetts, New Hampshire, New
Jersey, Pennsylvania and Rhode Island. Citizens is the 11th largest
commercial banking company in the United States ranked by deposits.
Citizens is owned by The Royal Bank of Scotland Group plc. The Citizens
Web site is www.citizensbank.com.