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Regions Bank Names Abbas Merchant as Chief Marketing Officer as Michele Elrod Announces Retirement

VC by VC
January 25, 2021
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Regions Bank Names Abbas Merchant as Chief Marketing Officer as Michele Elrod Announces Retirement
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BIRMINGHAM, Ala.–(BUSINESS WIRE)–Jan 25, 2021–

EA Builder

Regions Bank on Monday introduced Abbas Service provider as chief advertising officer, succeeding Michele Elrod in main the financial institution’s Company Advertising and marketing group.

This press launch options multimedia. View the complete launch right here: https://www.businesswire.com/news/home/20210125005059/en/

Abbas Service provider, left, joins Areas Financial institution as chief advertising officer, succeeding Michele Elrod, proper, in main the financial institution’s Company Advertising and marketing group. (Picture: Enterprise Wire)

“Michele has been the driving power behind the strategic advertising packages that set Areas Financial institution aside and deepen our connections with the folks and communities we serve,” stated John Turner, president and CEO of Areas Monetary Corp. “We’re tremendously grateful for the immeasurable contributions Michele has made throughout her profession with Areas. I do know Abbas will construct on Michele’s legacy of retaining prospects first whereas persistently innovating in how we attain shoppers and lift Areas’ profile within the market. We’re centered on offering personalised experiences and options for our prospects, and the expertise and insights Abbas brings to Areas will assist us advance this precedence.”

Service provider is a data-driven advertising chief who involves Areas after serving at M&T Financial institution as group vice chairman of Client and Enterprise Advertising and marketing and Buyer Analytics and Sciences. There, he developed the corporate’s advertising and communications imaginative and prescient and technique. Additional, he constructed new capabilities, together with leveraging expertise and know-how to help trendy advertising initiatives and generate confirmed outcomes. Earlier than his 12 years at M&T, Service provider led analytics and different advertising operations at U.S. Bancorp and the Scotts Miracle-Gro Firm.

“Individuals and companies have many choices once they select the place to financial institution, and it’s the staff, the imaginative and prescient and the values right here at Areas that give us a aggressive edge in rising our enterprise,” Service provider stated. “The artwork and science of connecting with prospects continues to evolve. So does banking itself. The management at Areas is devoted to assembly the wants of consumers in the present day, tomorrow and into the longer term, and I’m excited to hitch colleagues who’re laser centered on delivering a superior buyer expertise whereas elevating Areas’ title within the minds of shoppers and shoppers.”

Throughout her tenure with Areas and predecessor financial institution AmSouth, Elrod has been instrumental in creating complete manufacturers, together with the profitable “Relationship Individuals” model at AmSouth and the “Count on Extra” model at Areas after the 2 corporations merged. Elrod and her staff additionally launched extremely impactful campaigns that proceed to resonate – together with Areas’ signature LifeGreen bicycle, a number of memorable ads, and the corporate’s method to leveraging social media to serve and help prospects.

Whereas the impression of Elrod’s work is seen in advertising campaigns which are artistic, her choices are all the time strategic – guided firmly by intensive information, thorough analysis and a unending deal with how the financial institution can relate higher to shoppers and assist them attain their monetary objectives.

“Probably the most profitable advertising groups take an analytical method towards understanding folks’s wants, they usually put the shopper first in each determination that’s made,” Elrod stated. “That’s what we do right here at Areas, and I’m immensely happy with our accomplishments. I’m additionally excited to see how Abbas and the advertising staff will proceed Areas’ innovation in advertising and repair. Throughout our business and past, Abbas is effectively generally known as a frontrunner in data-driven, customer-focused advertising. I’ve admired Abbas and the standard of his work for fairly a while, and I’m thrilled that Areas and our prospects will now profit from his experience.”

Elrod’s retirement is efficient this month. Service provider formally joined the financial institution on Jan. 19 working carefully with Elrod as he assumed his new management position.

About Areas Monetary Company

Areas Monetary Company (NYSE:RF), with $147 billion in property, is a member of the S&P 500 Index and is without doubt one of the nation’s largest full-service suppliers of client and industrial banking, wealth administration, and mortgage services. Areas serves prospects throughout the South, Midwest and Texas, and thru its subsidiary, Areas Financial institution, operates roughly 1,400 banking places of work and a pair of,000 ATMs. Areas Financial institution is an Equal Housing Lender and Member FDIC. Extra details about Areas and its full line of services will be discovered at www.regions.com.

View supply model on businesswire.com:https://www.businesswire.com/news/home/20210125005059/en/

CONTACT: Media Contact:

Jeremy D. King

Areas Financial institution

205-264-4551

Areas Information On-line:areas.doingmoretoday.com

Areas Information on Twitter:@RegionsNews

KEYWORD: UNITED STATES NORTH AMERICA ALABAMA

INDUSTRY KEYWORD: BANKING OTHER PROFESSIONAL SERVICES PROFESSIONAL SERVICES FINANCE

SOURCE: Areas Monetary Company

Copyright Enterprise Wire 2021.

PUB: 01/25/2021 09:00 AM/DISC: 01/25/2021 09:01 AM

http://www.businesswire.com/news/home/20210125005059/en

Copyright Enterprise Wire 2021.





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