Huntington Bank Appoints John Augustine as Chief Investment Officer
Veteran Fifth Third Bank executive to join Huntington
COLUMBUS, Ohio--(BUSINESS WIRE)-- Huntington Bancshares Inc. (NASDAQ: HBAN) has named John Augustine, a well-known investment strategist, as chief investment officer for The Private Client Group, Huntington announced today. He is known in the financial world for his frequent appearances on CNBC and Bloomberg.
Augustine will be responsible for the investment strategies and activities for the bank’s fiduciary businesses. He will report directly to Steve Short, director of The Huntington Trust.
Augustine has nearly 30 years of broad experience in banking, portfolio management and market strategy. During the last 13 years, he was the chief economic and market strategist for Fifth Third Asset Management, Inc. He was a member of the Investment Policy Committee, Investment Strategy Team, Alternative Investments Team and Preferred Funds Selection Team. Augustine was also the portfolio manager for the Fifth Third LifeModel Funds, co-manager for the International Equity Fund and manager of the International ADR Stock Portfolio.
“We are delighted that John has joined Huntington,” said Short. “He has a strong track record of disciplined portfolio management and he brings an exceptional set of skills and capabilities to drive growth in assets under management.”
“I am very excited to join Huntington,” said Augustine. “It has a great market position in the Midwest and a strong commitment to doing the right thing for its customers. I believe The Huntington Trust is well-positioned for strong growth.”
Before joining Fifth Third Bank, Augustine was with IDS Financial Services and Heritage Trust & Asset Management, and Star Bank in Ohio. He is a former president and board member for the Dayton Society of Financial Analysts; is on the University of Dayton - Flyer Investment Advisory Board; and, is a part-time business professor in the graduate school at the University of Dayton.
Huntington Bancshares Incorporated (NASDAQ: HBAN and www.huntington.com) is a $60 billion asset regional bank holding company headquartered in Columbus, Ohio. The Huntington National Bank, founded in 1866, provides full-service commercial, small business, and consumer banking services; mortgage banking services; treasury management and foreign exchange services; equipment leasing; wealth and investment management services; trust services; brokerage services; customized insurance brokerage and service programs; and other financial products and services. The principal markets for these services are Huntington’s six-state retail banking franchise: Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. The primary distribution channels include a banking network of more than 700 traditional branches and convenience branches located in grocery stores and retirement centers, and through an array of alternative distribution channels including internet and mobile banking, telephone banking, and more than 1,500 ATMs. Through automotive dealership relationships within its six-state retail banking franchise area and selected other Midwest and New England states, Huntington also provides commercial banking services to the automotive dealers and retail automobile financing for dealer customers.
Huntington Bancshares Incorporated
Maureen Brown, 614-480-5512
Todd Beekman, 614-480-3878
Source: Huntington Bancshares Incorporated
Released May 13, 2014