#United States #New Jersey #Truist Bank #Trenton #Gino Di Saverio

Truist Financial Corporation Expands Middle Market Banking Team in New Jersey

Truist Financial Corporation has recently made strides in enhancing its middle market banking team in New Jersey with the appointment of Gino Di Saverio, an experienced commercial banking executive. This strategic hiring is aimed at strengthening Truist's position and service offerings in a competitive market segment.

Gino Di Saverio comes with a wealth of experience, having spent over 15 years at prominent banking institutions, where he has excelled in developing strategies for regional market growth and client relationship management. His leadership capabilities are expected to significantly contribute to Truist's objective to deepen existing client relationships while also attracting new ones. Travis Rhodes, regional president for New Jersey and Pennsylvania at Truist, emphasized Di Saverio's reputation for fostering strong client connections and building high-performing teams, a crucial combination for Truist’s ambitions in New Jersey.

The expanding middle market banking team comprises recent additions alongside Di Saverio, including Michael Kourtis, Scott Tricarico, and Michael Vara. Each of these bankers brings their extensive experience and focus on middle market companies that generate revenues ranging from $20 million to $1 billion.

• - Michael Kourtis, who has over 17 years of expertise in financial services, is set to assist middle market enterprises in New Jersey and metro New York.
• - Scott Tricarico possesses two decades of banking experience aimed at supporting companies across New Jersey with tailored financial strategies.
• - Michael Vara has previously led key industry relations at top banking institutions, focusing on corporate banking and market growth.

This newly formed team reflects Truist's commitment to investing in high-quality talent dedicated to delivering comprehensive financial solutions to clients. The middle market banking division aims to offer tailored advice on corporate finance, credit management, and cash management, which contribute to realizing the financial ambitions of their clients securely.

Di Saverio expressed excitement in joining Truist's dynamic team, underlining the collaborative culture and the opportunity to work alongside industry-leading consultants. These factors are pivotal as Truist positions itself to enhance its footprint in the middle market sector, accommodating the evolving needs of businesses in New Jersey.

As a purpose-driven financial services provider, Truist remains committed to fostering impactful client relationships and building better lives and communities. With total assets surpassing $531 billion as of December 31, 2024, the organization attests to its robust market presence. Offering an array of services ranging from commercial banking to specialized lending, Truist stands as one of the largest commercial banks in the United States today, aiming to empower its clients through innovative financial solutions.

As Truist welcomes Gino Di Saverio and his team, it simultaneously reinforces its objective of expanding its middle market banking capabilities across New Jersey, signaling an ambitious phase of growth and client engagement in the months ahead.