First Niagara Financial Group in Buffalo, N.Y. has hired an HSBC executive to lead the commercial card and payments business of its treasury management group.

The $38 billion-asset company said Peggy Yankovich will oversee card-based solutions, product strategy, positioning, business management and sales enablement. The job is a newly created position at First Niagara, according to a company spokeswoman.

Yankovich was previously global head of corporate cards, global payments & cash management at HSBC. She also previously worked for Bank of America.

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