Citizens Bank appointed Ted Swimmer as head of Corporate Finance and Capital Markets for Citizens Commercial Banking, effective immediately.

Swimmer succeeds Bob Rubino, who is leaving to pursue other opportunities.

Swimmer, who has more than 25 years of experience, joined Citizens in 2010 as executive vice president and head of Capital Markets and has since assumed responsibility for Citizens’ Sponsor and Corporate Finance groups. He previously held a range of senior positions with Wachovia, including managing Wachovia’s Leveraged Finance activities. Prior to that, he ran Loan Syndicate and Sales for Wachovia and served as a managing director originating leveraged loans and bonds.