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
"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.
Source: Huntington Bancshares Incorporated