When insurance firms launched social media initiatives, the results were rewarding.
Regions Bank said it has hired Brian Tate to lead and expand the company's Energy and Natural Resources group.
The company reported in a release that Tate has been appointed executive vice president and group head of Energy and Natural Resources and executive managing director of Regions Securities, reporting to John Barton, executive vice president and head of Specialized Industries.
The company said that under Tate's leadership, Regions will grow its established energy specialized practice group to provide financing, capital markets and strategic solutions to energy companies operating in the upstream, midstream, and downstream segments of the energy industry from offices in Charlotte, N.C.; Houston, Texas; and Jackson, Miss.
"Regions is committed to the energy and power industries and hiring Brian to lead the expansion of our energy and natural resources platform is a key step forward for us and especially for our clients," Barton said. "Brian's talent and experience will strengthen our ability to provide value-added solutions to our clients and we are extremely excited to have him on our team."
Tate joins Regions following a 24 year career as an energy specialist focused on corporate finance advisory and capital raising in the loan syndications, debt and equity capital markets for companies operating in the energy and power industries.
For the past 18 years, Tate served as managing director in the Energy and Power Investment Banking Group for Wells Fargo Securities, where he was instrumental in building the power and utilities practice from its inception.
Regions Financial is a provider of consumer and commercial banking, wealth management, mortgage, and insurance products and services.
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