Truist expands Enterprise Payments sales leadership as payments growth accelerates

Core Insights - Truist Financial Corporation has expanded its Enterprise Payments sales leadership to capitalize on the accelerating growth in payments, particularly with a reported 13% increase in treasury management fees in 2025 [1][2] - The new leadership appointments include Geoff Gursel as Head of Middle Market Payments Sales and Steven Shipp as Head of Small Business Payments Sales, aimed at enhancing client relationships and improving operational efficiency [1][2] Company Developments - The appointments of Gursel and Shipp are part of a strategy to strengthen the payments pipeline and support clients in managing liquidity and transactions more effectively [1] - Gursel brings over 20 years of experience from Citi, focusing on growth and talent development in middle-market payments, while Shipp has 25 years of experience at Truist, emphasizing speed to market for small business clients [1] Financial Performance - Truist reported strong results in 2025, driven by disciplined execution and growing momentum in payments, contributing to higher profitability across its Wholesale businesses [1] - The company has total assets of $548 billion as of December 31, 2025, positioning it as a top 10 commercial bank in the U.S. [2]