Truist Securities announces Tom Hackett as President and CEO

Rick Steves

“The strength of Truist Securities is our teammates, their focus on partnering closely with our clients, and delivering expertise that helps them achieve their goals. As we look to the future, our client-first approach, ability to navigate complex transactions and long-term view will continue to deliver sustained success for clients and Truist.”

Truist Securities, full-service corporate and investment banking division of Truist Financial Corporation, has announced the appointment of Tom Hackett as Chairman and Chief Executive Officer.

The Atlanda-based executive has been serving as president and chief operating officer (COO) of Truist Securities for the last five years after having joined the firm in 2008.

Client-first approach, ability to navigate complex transactions, and long-term view

Beau Cummins, Vice Chair at Trust Financial Corporation, commented: “Tom’s purpose-driven leadership and depth of experience make him well-suited to lead our firm as we continue to leverage our range of capabilities and expertise to position our clients for success. I also want to thank John for his leadership in growing Truist Securities and creating a culture that is centered around serving our clients and helping them achieve outstanding results.”

Tom Hackett, President and CEO of Truist Securities, said: “The strength of Truist Securities is our teammates, their focus on partnering closely with our clients, and delivering expertise that helps them achieve their goals. As we look to the future, our client-first approach, ability to navigate complex transactions and long-term view will continue to deliver sustained success for clients and Truist.”

At Truist Securities, Tom Hackett led the growth strategy with responsibilities over Investment Banking, Corporate Banking, M&A, Capital Markets, and Asset Finance. As President and CEO, he led a team that serves corporate clients with the full suite of capital markets, advisory, and traditional banking products and services.

Between 2008 and 2018, he played a number of roles at Truist Securities, including head of Investment Banking and head of Asset Finance, a role in which he led teams focused on Asset Securitization, Asset Based Lending, Structured Real Estate, Project Finance, and Equipment Finance.

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