RBS Citizens Financial Group Appoints Tony Di Iorio to Its Board of Directors

PROVIDENCE, R.I.--()--RBS Citizens Financial Group, Inc. (RBSCFG) today announced the appointment of Tony Di Iorio, former CFO for Deutsche Bank, to its board of directors. Di Iorio also serves as a director for RBSCFG’s parent, The Royal Bank of Scotland Group plc – a role he has held since 2011.

“We are proud to welcome Tony to RBSCFG’s board of directors,” said RBSCFG Chairman and CEO Bruce Van Saun. “Through the course of his career in financial services, Tony has demonstrated a strong commitment to customers and shareholders and has contributed to the success of some of the most respected firms in the industry. Tony’s insights into the market dynamics affecting banks and their customers will be valuable to us as we continue making progress toward our goal of being a top-performing regional bank.”

Di Iorio began his career at Peat Marwick (now KPMG) where he worked in the firm’s Financial Institutions Practice in New York and Chicago. After leaving Peat Marwick he worked for several leading financial institutions, including as Co-controller of Goldman Sachs, Chief Financial Officer of the Capital Markets business of NationsBank (now Bank of America), Executive Vice President of Paine Webber and CEO of PaineWebber International. He joined Deutsche Bank in Frankfurt in 2001 and later became the Bank’s Chief Financial Officer and a member of its Board and Group Executive Committee. After retiring in 2008 he served as senior adviser to Ernst & Young working with the firm’s financial services partners in the UK, Europe, the Middle East and Africa.

Di Iorio has a bachelors degree from Iona College, an MBA from Columbia University, and qualified as a CPA in New York.

About RBS Citizens Financial Group, Inc.

RBS Citizens Financial Group, Inc. is a $120 billion commercial bank holding company. It is headquartered in Providence, R.I., and through its subsidiaries has approximately 1,400 branches, over 3,500 ATMs and more than 18,000 colleagues. It operates a branch network in 12 states and has non-branch retail and commercial offices in more than 30 states. Its two bank subsidiaries are RBS Citizens, N.A., and Citizens Bank of Pennsylvania. They operate a branch network under the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont; and the Charter One brand in Illinois, Michigan and Ohio. RBSCFG is owned by RBS (The Royal Bank of Scotland Group plc). RBSCFG’s website is citizensbank.com.

Contacts

RBS Citizens Financial Group
Jim Hughes, 781-751-5404

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Contacts

RBS Citizens Financial Group
Jim Hughes, 781-751-5404