Joel Stephens Appointed head of Regions Capital Markets
Regions Bank today announced that Joel Stephens has been appointed executive managing director and head of Regions Capital Markets.
Regions
Bank today announced that Joel Stephens has been appointed executive
managing director and head of Regions Capital Markets. Stephens joined
Regions in 2008 and most recently led the Real Estate Capital Markets
group. He succeeds Terry Katon who has chosen to leave the company to
spend more time with his family. Katon will work with Stephens through
the second half of 2019 to ensure a smooth transition for clients and
associates.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190516005142/en/
Joel Stephens, Regions Bank (Photo: Business Wire)
“Capital Markets is a strategic focus area for Regions as our teams
provide the capabilities and expertise to help our clients succeed,”
said Ronnie Smith, head of Regions’ Corporate Banking Group. "With 25
years’ experience in commercial mortgage backed securities and
commercial real estate lending, Joel is a seasoned professional with
excellent leadership skills and a strong commitment to serving clients.
I'm confident his leadership will allow us to continue to expand our
Capital Markets team and offerings to grow with our clients.”
Smith continued, “Terry has made significant contributions to the
company and to the Charlotte community over the years by investing in
our associates and making life better for our clients, and we wish him
the best in the future.”
“I’m proud of the strong foundation we have built across the Corporate
Bank and the team of high-quality people who have come together at
Regions to create a unique culture, focused on doing the right things in
the right ways,” said Katon. “While this was a difficult decision for
me, a number of factors on the personal side of my life make this the
right time for me to step away from work to spend more time with my
family. I will miss the outstanding people I’ve had the privilege to
work with over the past 10 years and wish the Regions team continued
success.”
Tim Monte, executive managing director and head of Credit Products, will
assume the additional role of Charlotte Market Executive, also
previously held by Katon. He will work closely with business group
leaders in the Charlotte market to collectively expand Regions’ client
base and make a meaningful difference in the community.
Regions Capital Markets, a division of Regions Bank, provides products
and services including syndicated loan facilities, interest rate,
commodity and foreign exchange risk hedging. Regions provides advisory
and certain capital raising services through Regions Securities LLC,
member FINRA and SIPC, a wholly-owned subsidiary which serves as a
broker-dealer to commercial clients and acts in an advisory capacity to
merger and acquisition transactions. BlackArch Partners LLC, a
wholly-owned subsidiary of Regions, offers merger and acquisition
services to its institutional clients and commercial entities.
Joel Stephens biographical information:
Joel Stephens joined Regions Bank in October of 2008 as Managing
Director and head of Regions Bank Real Estate Capital Markets Group in
Atlanta, Ga., which includes the Bank’s HUD lending (multifamily and
seniors housing), agency correspondent (FNMA and Freddie), CMBS, LIHTC
distribution, and CRE loan syndications efforts. Stephens previously led
the Southeast CRE loan origination effort at Countrywide Commercial Real
Estate Finance, where he oversaw offices in Atlanta and Ft. Lauderdale.
Prior to joining Countrywide, Stephens spent five years in CMBS loan
origination at CSFB’s Bank Alliance Group. Stephens started his career
at Wachovia Bank in 1994, holding various posts in commercial real
estate credit and CMBS loan origination during his tenure. He is a
graduate of Miami University where he received a BS in Finance.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $129 billion in assets, is
a member of the S&P 500 Index and is one of the nation’s largest
full-service providers of consumer and commercial banking, wealth
management, and mortgage products and services. Regions serves customers
across the South, Midwest, and Texas, and through its subsidiary,
Regions Bank, operates approximately 1,500 banking offices and 2,000
ATMs. Additional information about Regions and its full line of products
and services can be found at www.regions.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190516005142/en/