The Bank Slate


Truist taps insider as its new CFO

Truist Financial in Charlotte, N.C., has a new chief financial officer. 

The $545 billion-asset company said in a press release Wednesday that it Mike Maguire, its chief consumer finance and payments officer, will succeed Daryl Bible as CFO on Sept. 15. 

Bible in May announced plans to retire. 

Maguire will remain on Truist’s executive leadership team, reporting to Chairman and CEO Bill Rogers.

“Mike is a strategic and purpose-driven leader with an exceptional depth of experience across our enterprise and a deep understanding of the impact technology has in shaping our operating environment,” Rogers said in the release. 

Maguire currently leads Truist’s consumer finance and payments businesses, including LightStream, Service Finance, Sheffield Financial, Dealer Retail Services and its student loan unit. He is also responsible for the enterprise payments strategy group and wholesale payments businesses.

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