#United States #Charlotte #Board of Directors #Truist Financial #Jonathan Pruzan

Truist Financial Corporation Expands Leadership with Pruzan

Charlotte, N.C., May 29, 2025 – Truist Financial Corporation (NYSE: TFC) has announced the appointment of Jonathan Pruzan to its board of directors, marking a critical step in enhancing its leadership and strategic direction. Pruzan will also actively participate in the board’s risk committee, a role that underscores his extensive knowledge and experience.

Truist’s Chairman and CEO, Bill Rogers, expressed enthusiasm about welcoming Pruzan to the team. Rogers stated, “In addition to decades of industry leadership, he brings broad knowledge of technology, operations, finance and corporate strategy, and a wealth of experience advising financial institutions that will benefit Truist, our purpose and strategic direction.”

A Wealth of Experience

Pruzan brings an impressive portfolio, encompassing 35 years in the financial services sector. He currently holds the position of co-president at Pretium, a specialized investment firm with a focus on U.S. residential real estate and corporate credit, managing assets totaling $60 billion. His previous tenure at Morgan Stanley spanned nearly 30 years, culminating in his role as chief operating officer. Throughout his career, he has been deeply involved in risk and operational strategies, serving on various committees crucial to the firm's governance.

During his time at Morgan Stanley, Pruzan was not only the chief financial officer from 2015 to 2021 but also the head of corporate strategy within the same period. His tenure extended back to his beginnings in 1990 with PaineWebber, ultimately leading to his prominence in investment banking, particularly through his leadership in the global financial institutions group.

Commitment to Purpose-Driven Leadership

In responding to his new appointment, Pruzan expressed admiration for Truist’s mission-driven approach. “I’m honored to join the board of directors at Truist, a purpose-driven institution with a strong track record of innovation, integrity and leadership in financial services,” he said. His alignment with Truist’s values is evident, as he aims to contribute to a culture of integrity and innovation.

Pruzan’s educational accomplishments include a bachelor’s degree from Tufts University, where he also serves on the board of trustees. His involvement extends to several prestigious organizations, including the Peterson Institute of International Economics and The American Ditchley Foundation. Pruzan is a life trustee of New York-Presbyterian Hospital and a member of the Council on Foreign Relations, showcasing his commitment to various philanthropic and academic initiatives.

A Bright Future for Truist

Truist Financial Corporation stands as a leader in the financial services industry, emphasizing innovation, community engagement, and ethical practices. Headquartered in Charlotte, North Carolina, the company specializes in diverse services ranging from consumer and small business banking to corporate financial solutions. As of March 31, 2025, Truist boasts total assets of $536 billion, cementing its position among the top 10 commercial banks in the United States.

The addition of Pruzan to the board signals a strategic enhancement as Truist seeks to solidify its market position and continue serving its clients with a focus on holistic, strategic financial solutions.

For more information about Truist Financial Corporation and its operations, visit Truist.com.