M&T Bank Corp. has announced promotions for two of its executives.
Vice chairman Rene Jones will continue to oversee the bank’s treasury function and Wilmington Trust, but will add responsibility for M&T’s mortgage and consumer lending business lines, effective May 2.
Jones has served as M&T’s chief financial officer since 2005. That role will now be held by executive vice president Darren J. King.
Robert G. Wilmers, M&T’s chairman and CEO, in a statement said that as CFO, Jones “has helped guide M&T successfully through one of the most challenging 10-year periods in our company’s history, and today we’re stronger than ever.”
Jones has been with M&T since 1992 and has held a series of management positions within the finance division. He was named vice chairman in 2014.
King has been head of M&T’s retail and business banking divisions, responsible for more than 6,700 employees, 800 branches and 1,600 ATMs. He joined M&T in 2000.
“These changes are part of our ongoing effort to deepen and develop our managerial talent as the company grows,” Wilmers said.