Citizens Financial Group has tapped Edward “Ned” O. Handy III, as the new president of the bank’s Connecticut operations.
Handy replaces Rich Barry, who was recently named Citizens Financials’ wholesale chief credit officer.Â
Handy, 49, returns to a post he previously held from 1999 to 2004. During that time he was president of Citizens Connecticut operations, where he was responsible for all commercial banking activity, including commercial lending, commercial real estate lending and community banking.
Handy will also remain as president of Citizens Bank in Rhode Island, where he has been oversseing the  bank’s middle market Southern New England lending.
“Ned has more than 25 years banking experience, including numerous leadership positions within CFG, and a passion for supporting community organizations,” said Ellen Alemany, the chairman and CEO of Citizens Financial Group. “Ned’s talents and experience as a business and community leader will not only benefit our Connecticut operations, but the community organizations, initiatives and customers we serve there.”
Handy joined Citizens Financial in 1995 as a commercial banker in Rhode Island and since then has held numerous senior leadership roles throughout the company. Prior to his appointment as president of Citizens Bank in Rhode Island, Handy served as president of Citizens Real Estate Finance, overseeing the organization’s commercial real estate finance division across its franchise.