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Bruce Van Saun: 16 to Watch in 2016 in RI

Tuesday, December 29, 2015

 

Citizens Financial Group CEO Van Saun navigated the company's spin away from the Royal Bank of Scotland and its public offering. 

Now, Van Saun (#30 on GoLocal’s ranking of RI’s wealthiest and most influential for 2015) has the potential to make some decisions with major impacts for Providence, and the state.

Citizens has indicated that is looking for a vacant location state as a potential new campus for 4,000 + of its employees — while maintaining its headquarters downtown at One Citizens Plaza.  There is little indication at this time however of consideration of a vacant parcel of prime Providence real estate just to its HQ's south (that being the Industrial National Bank “Superman” building); the bank is stipulating that keeping its support facility in Cranston is still an option.  

“The lease for our service and support facility in Cranston expires in 2018. We are exploring several opportunities ranging from renewal to potentially consolidating some of our staff and back office functions at a new location in Rhode Island," said Citizens spokesperson Jim Hughes.  

Watch to see how Citizens moves forward in Rhode Island under Van Saun’s direction.
 

 

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