Huntington Insurance Names Dennis Raab as Chief Financial Officer
COLUMBUS, Ohio, March 23, 2011 /PRNewswire/ -- Dennis Raab has been named chief financial officer of Huntington Insurance, a wholly owned subsidiary of Huntington Bancshares Incorporated (Nasdaq: HBAN; www.huntington.com).
Raab, a 16-year veteran of the insurance industry, will manage all of the financial procedures and practices of Huntington Insurance. In his new role, he will support Peter Dunlap, president and chief executive officer of Huntington Insurance.
"Dennis brings superior insurance and financial reporting experience to Huntington Insurance," said Dunlap. "His demonstrated capabilities in process improvement, investment management, and comprehensive financial analysis will help grow our already successful division."
Raab worked for 21 years for General Electric in various divisions, including Insurance Holdings and Consumer Financial Services. Most recently, he served as chief financial officer for Insurance.com. Raab also served as chief financial officer for Allianz Global Risks US Insurance in Chicago. He holds a bachelor's of business administration degree in finance and accounting from the University of Wisconsin-Madison.
Huntington Insurance is one of the largest insurance agent/broker agencies in the nation, offering personal and commercial insurance ranging from small and large business insurance; risk management; property casualty insurance; employee benefits, professional liability coverage and title insurance.
Huntington Bancshares Incorporated is a $54 billion regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, it 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 product and services. The principal markets for these services are Huntington's six-state banking franchise: Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. The primary distribution channels include a banking network of over 600 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 over 1,300 ATMs. Through automotive dealership relationships within its six-state banking franchise area and selected New England states, Huntington also provides commercial banking services to the automotive dealers and retail automobile financing for dealer customers.
The logo mark and Huntington® are federally registered service marks of Huntington Bancshares Incorporated.
SOURCE Huntington Bancshares Incorporated
Released March 23, 2011