Citizens Bank today announced the appointment of Chris Nard as President of Mortgage. Nard, a mortgage industry veteran with 30 years of experience, previously served as President and COO for Old Republic International Corporation (ORI).
Nard will be responsible for managing mortgage operations, sales and technology teams effective October 19, 2015. He succeeds Cheryl Nolda, who is leaving the company at the end of the year after five years with Citizens. Nard will report to Brad Conner, Vice Chairman and Head of Consumer Banking.
“Our mortgage offering is a strategic priority for Citizens and we are pleased to welcome an industry veteran like Chris to help us continue to grow this important part of our business,” Conner said. “Chris’s extensive background and prior experience leading large organizations makes him a great fit for Citizens and our executive leadership team. We thank Cheryl for her leadership in growing the mortgage business over the past five years and wish her well.”
While working at ORI, one of the nation’s 50 largest publicly held property and casualty insurance companies, Nard also served as chairman and CEO for the Republic Mortgage Insurance Company. In total, Nard spent more than 18 years with ORI.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. (NYSE: CFG) is one of the nation’s oldest and largest financial institutions, with $137.3 billion in assets as of June 30, 2015. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle‐market companies, large corporations and institutions. In Consumer Banking, Citizens helps its retail customers “bank better” with mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,200 Citizens Bank branches in 11 states in the New England, Mid‐Atlantic and Midwest regions. Citizens also provides mortgage lending, auto lending, student lending and commercial banking services in select markets nationwide. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services including lending and deposits, capital markets, treasury services, foreign exchange and interest hedging, leasing and asset finance, specialty finance and trade finance.
Citizens operates through its subsidiaries Citizens Bank, N.A., and Citizens Bank of Pennsylvania. Additional information about Citizens and its full line of products and services can be found at www.citizensbank.com.
Steve Sylven, 781-471-1481