Citizens Financial Group Promotes Brendan Coughlin to President as CFO John Woods Departs

Citizens Financial Group announced on 30 April 2025 that it had promoted Brendan Coughlin to the role of President, announcing simultaneously that Chief Financial Officer John Woods would be leaving the organisation. Coughlin will report to Chairman and Chief Executive Officer Bruce Van Saun in his new role, adding enterprise-level responsibilities to a portfolio that already encompassed Consumer Banking, Citizens Private Bank, and Wealth management.

The appointments were disclosed in a release published on the bank's investor relations website. As president, Coughlin continues to oversee Enterprise Data and Analytics and Marketing, a scope added recently, in addition to his consumer, private banking and wealth responsibilities.

COUGHLIN TAKES EXPANDED MANDATE

Van Saun, who has been chief executive since 2013, ahead of the bank's 2014 initial public offering, retains the chairman and chief executive roles.

CFO DEPARTURE

Woods is leaving to become Chief Financial Officer of State Street, which he joins in August 2025. Citizens said it would initiate a formal internal and external search for a successor.