C-suite

Truist, TAB Bank and MoneyGram headlined some of the biggest changes in executive leadership in the banking, fintech and payments industries.

The parent company of Fulton Bank announced the creation of three new management roles and promoted existing employees into those jobs. The changes follow the recent hiring of an outsider to be CFO.

Two Northeast banks will get new CFOs next month. Webster Financial hired Neal Holland, the former CFO of the failed First Republic Bank, and Eastern Bankshares hired David Rosato, who left Berkshire Hills Bancorp last month.

During the nine years Kevin Riley led the Billings, Montana-based institution, it quadrupled its size, largely through deals. New leadership could mean that the company focuses less on M&A and more on integration.

Jeff Disterhoft, 56, has left GreenState Credit Union after 24 years as its chief executive.

Jay Sidhu has run two large U.S. banks. He talks about how his Indian upbringing set him up for success and how he hopes to do the same with a new book.

The Vancouver, Washington, company disclosed in a regulatory filing that Kevin Lycklama was under investigation. It elaborated only to say that the matter did not involve the bank's financial condition.

If history is any guide, periods of disruption in the industry are followed by regulatory resets, which in turn force banks to compete for the talent needed to meet new compliance demands.

Terry Dolan will see his role expand when two senior executives retire this summer, and will then hand over CFO duties to John Stern in September.

The appointment of Mung Chiang should lead to more robust oversight, sharper questions and overall stronger corporate governance, First Merchants CEO Mark Hardwick said.