Simmons Financial institution introduced the addition of Richard Hughes as govt vp and treasurer. Hughes will report back to president and CFO Jay Brogdon and will likely be accountable for all Simmons Financial institution company treasury actions, together with stability sheet administration, funding portfolio, liquidity threat and funding, rate of interest threat and capital planning. As well as, he may even have duty for monetary planning and evaluation, budgeting and forecasting.
“We’re excited so as to add somebody with Richard’s expertise to our govt administration crew at Simmons Financial institution,” mentioned Brogdon. “Richard is a seasoned treasury veteran who brings a wealth of data, expertise and management abilities to an already sturdy finance crew at Simmons Financial institution. We stay up for the imaginative and prescient and power he’ll carry to our company treasury crew.”
Previous to becoming a member of Simmons Financial institution, Hughes most lately served as govt vp, Treasury Division, at BBVA USA with oversight over varied treasury capabilities and the liquidity place of the $100 billion asset financial institution. Hughes began his profession with Compass Financial institution when the financial institution had lower than $5 billion in belongings and grew to greater than $33 billion in belongings when the financial institution turned a part of BBVA in 2007.
Hughes holds a Bachelor of Science in Enterprise Administration diploma in finance and economics from Samford College and a Grasp of Arts in finance from the College of Alabama. He’s a graduate of the Govt Management Program on the College of Texas, McCombs College of Enterprise and the International Management Program on the IESE Enterprise College in Madrid, Spain.