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Truist appoints Jonathan Pruzan to its board of directors
TFCTruist(TFC) Prnewswire·2025-05-29 20:30

Core Insights - Truist Financial Corporation has appointed Jonathan Pruzan to its board of directors, where he will also serve on the risk committee [1][2] Group 1: Appointment Details - Jonathan Pruzan brings 35 years of financial services experience, currently serving as co-president of Pretium, which manages 60billioninassets[2]−Pruzanpreviouslyspentnearly30yearsatMorganStanley,holdingvariousseniorrolesincludingchiefoperatingofficerandchieffinancialofficer[2][4]−Hisextensivebackgroundincludesleadershipinoperations,finance,andcorporatestrategy,whichisexpectedtobenefitTruist′sstrategicdirection[2][3]Group2:CompanyOverview−TruistFinancialCorporationisapurpose−drivenfinancialservicescompanywithtotalassetsof60 billion in assets [2] - Pruzan previously spent nearly 30 years at Morgan Stanley, holding various senior roles including chief operating officer and chief financial officer [2][4] - His extensive background includes leadership in operations, finance, and corporate strategy, which is expected to benefit Truist's strategic direction [2][3] Group 2: Company Overview - Truist Financial Corporation is a purpose-driven financial services company with total assets of 536 billion as of March 31, 2025 [5] - The company has a strong market presence in high-growth U.S. markets, offering a wide range of financial products and services [5] - Truist is recognized as a top-10 commercial bank, providing services in consumer banking, commercial banking, investment banking, and wealth management [5]