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Form 8-K · Current Report · Filed 2025-08-12

Citizens Financial Group Appoints Aunoy Banerjee as New CFO

On August 6, 2025, Citizens Financial Group, Inc.

Filer
Citizens Financial Group, Inc. CFG · NYSE
Filed
Accession
0001193125-25-178517
CIK
0000759944
Signal
High impactFinancial Services

Details

announced the appointment of Aunoy Banerjee as Executive Vice President and Chief Financial Officer (CFO). Banerjee, a 25-year financial services veteran, joins Citizens from Barclays, where he currently serves as CFO of Barclays Bank PLC. He will be responsible for the Financial Planning and Analysis, Business Line Finance Groups, Controller, Investor Relations, Treasury, Tax, and Capital Management functions, as well as Property & Procurement. Banerjee will join Citizens on October 24, 2025, and will have an annual base salary of $700,000 and guaranteed 2025 incentive compensation of $3,700,000. His employment agreement includes restrictive covenants and severance terms. Chris Emerson, Executive Vice President and Head of Corporate Planning & Enterprise Finance, will serve as CFO during the interim period.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CFO Appointed
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$46.93

Next session

+3.5%

Since filing

+52.7%

Latest close

$71.65

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CFG reporting the same item, with the next session's move:

Exhibits (1)

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is a regional bank holding company providing a wide array of retail and commercial banking services. Primarily operating in the northeastern United States, Citizens Financial offers traditional banking services such as savings, checking accounts, personal and business loans, as well as wealth management and insurance products. Retail banking serves a diverse customer base through a network of branches and ATMs, focusing on local communities and customer service. On the commercial side, the bank provides comprehensive financial solutions including commercial loans, leasing, and capital markets capabilities, catering to mid-sized businesses and larger institutions. Founded in 1828 and headquartered in Providence, Rhode Island, Citizens Financial Group plays a significant role in promoting economic growth through its community banking efforts, maintaining strong regional banking relationships and supporting local development projects.

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