Mike Maguire Named Truist CFO

Truist Financial has named Mike Maguire its new chief financial officer starting September 15, the company announced in a press release.

“Our teammates, clients, investors, and communities are excited by Truist’s purpose and potential, and I look forward to serving them as CFO,” Maguire said in a statement.

In his new position, Maguire will oversee accounting, tax, treasury, financial planning and analysis, as well as investor relations, among other responsibilities. 

Maguire takes the position over following the service of Daryl Bible, who is retiring.

Maguire is moving up from his previous position of chief consumer finance and payments officer, and will continue to report to Chairman and CEO Bill Rogers.

“Mike is a strategic and purpose-driven leader with an exceptional depth of experience across our enterprise and a deep understanding of the impact technology has in shaping our operating environment. We will draw on that experience as Mike assumes his new role during this time of exciting transformation at Truist,” Rogers said in a statement.

Maguire’s previous experience includes serving as head of enterprise partnerships and investments at Suntrust. He was also the managing director of the tech and services investment banking group for Suntrust.

Maguire received a BSBA From UNC Chapel Hill and an MBA from Emory University.

Outside of work, Maguire serves on the board of directors of Housing Impact Fund, a social impact fund addressing housing insecurity and mobility in Charlotte, and on the board of trustees of Charlotte Country Day School, an independent school in Charlotte.