Seasoned treasury veteran brings more than 30
years of experience
PINE
BLUFF, Ark., Feb. 14,
2023 /PRNewswire/ -- Simmons Bank announced the
addition of Richard Hughes as
executive vice president and treasurer. Hughes will report to
president and CFO Jay Brogdon and
will be responsible for all Simmons Bank corporate treasury
activities, including balance sheet management, investment
portfolio, liquidity risk and funding, interest rate risk and
capital planning. In addition, he will also have responsibility for
financial planning and analysis, budgeting and forecasting.
Richard brings a wealth of knowledge,
experience and leadership skills to an already strong finance team
at Simmons Bank
"We're excited to add someone with Richard's experience to our
executive management team at Simmons Bank," said Brogdon. "Richard
is a seasoned treasury veteran who brings a wealth of knowledge,
experience and leadership skills to an already strong finance team
at Simmons Bank. We look forward to the vision and energy he will
bring to our corporate treasury team."
Prior to joining Simmons Bank, Hughes most recently served as
executive vice president, Treasury Division, at BBVA USA with oversight over various treasury
functions and the liquidity position of the $100 billion asset bank. Hughes started his
career with Compass Bank when the bank had less than $5 billion in assets and grew to more than
$33 billion in assets when the bank
became part of BBVA in 2007.
Hughes holds a Bachelor of Science in Business Administration
degree in finance and economics from Samford
University and a Master of Arts in finance from the
University of Alabama. He is a graduate
of the Executive Leadership Program at the University of Texas, McCombs School of Business and the Global
Leadership Program at the IESE Business School in Madrid, Spain.
About Simmons Bank
Simmons Bank is a wholly owned
subsidiary of Simmons First National Corporation (NASDAQ: SFNC), a
Mid-South based financial holding company that has paid cash
dividends for 114 consecutive years. Simmons Bank operates 230
branches in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Founded in 1903, Simmons Bank offers
comprehensive financial solutions delivered with a client-centric
approach. In 2022, Simmons Bank was named to
Forbes' list of "America's Best Banks" for the second
consecutive year and to Forbes' list of "World's Best
Banks" for the third consecutive year. Additional information
about Simmons Bank can be found on our website at simmonsbank.com,
by following @Simmons_Bank on Twitter or by visiting our
newsroom.
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SOURCE Simmons Bank