Truist Securities enhances Industrials and Services expertise

Core Insights - Truist Securities is enhancing its business across key sectors to provide innovative advice and solutions to clients [1] - The industrial sector is undergoing significant changes, and the experience of new managing directors will be crucial for clients to navigate these complexities and seize new opportunities [2] Company Overview - Truist Securities is the corporate and investment banking arm of Truist Financial Corporation, with over 125 years of history [3] - The firm offers a wide range of services including strategic advisory, mergers and acquisitions, capital markets capabilities, corporate finance, asset finance, risk management, liquidity, and treasury management [3] New Appointments - Don Devendorf joins as managing director for the Transportation and Logistics sector, bringing experience from Morgan Stanley and Bluejay Advisors [5] - Douglas Jarl joins as managing director for the Aerospace, Defense, and Government Services sector, previously with Barclays, Bank of America, and TD Cowen [5] - Josh Prangley joins as managing director for the Building Products and Basic Materials sector, with a background at Greenhill & Co. and J.P. Morgan [5]