Regions Financial CFO Retires, Controller Succeeds

David Turner, Regions Financial's chief financial officer for 15 years, is retiring effective March 31 and will be succeeded by controller Anil Chadha, 47. Regions, a $160 billion-asset holding company, has posted 13 consecutive annual profits and grew net income from $1.1 billion in 2012 to $1.9 billion in 2024. The succession aims to maintain Turner’s emphasis on capital allocation, risk management, and technology integration.
Scoring Rationale
Official, credible executive transition with clear financial continuity; limited novelty and modest industry-wide impact beyond regional banking.
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