MEMPHIS, Tenn., Sept. 28, 2017 (GLOBE NEWSWIRE) -- First Tennessee Bank is proud to announce that Somesh Kasibhatla has joined the company as senior vice president and director of treasury management products.
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Kasibhatla will develop and oversee technological strategies for treasury management across all areas of the company. His concentration on customer experience aligns with the strategic priorities of First Tennessee, which was recently named No. 5 among American Banker’s Top 10 Most Reputable U.S. Banks.
“Somesh is a great addition to our team. His proven track record will be valuable as we navigate the evolving payment landscapes and his innovative vision will be critical as we look to drive our platforms forward to leverage the capabilities of emerging channels and technologies,” said Ron York, treasury executive for First Tennessee. “Somesh also has a keen focus on improving the client experience and that will ensure we keep our clients’ needs front and center as we develop new solutions.”
Kasibhatla is a financial services and technology leader with more than two decades of experience in banking. Prior to joining First Tennessee, he was group vice president and head of digital systems rollout and client transitions at SunTrust Bank. He previously held leadership positions at First Niagara Bank, M&T Bank, Gurley Precision Instruments and the Oil and Natural Gas Commission of India.
Kasibhatla earned a Bachelor of Science degree in engineering from Osmania University in India, a Master of Science degree in engineering from Rensselaer Polytechnic Institute, and an MBA from Northwestern University’s Kellogg School of Management.
About First Tennessee Bank
First Tennessee, the largest bank headquartered in Tennessee, was founded in 1864 and has the 14th oldest national bank charter and one of the highest customer retention rates of any bank in the country. The American Banker named First Tennessee No. 5 on its list of the Top 10 Most Reputable U.S. Banks. The FTB Advisors wealth management group has 316 financial advisors and $28.5 billion in assets under administration. First Tennessee, FTN Financial and FTB Advisors are part of First Horizon National Corp. (NYSE:FHN), which has 4,300 employees. First Horizon has been recognized as one of the nation's best employers by Working Mother and American Banker. More information is available at www.FirstTennessee.com.
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