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Truist Expands Middle Market Banking Team in New Jersey

Truist hired veteran executive Gino Di Saverio and three others to strengthen its regional presence.

byRita Garwood
March 13, 2025
in News, People

Truist has expanded its middle market banking team in New Jersey with the hiring of veteran commercial banker Gino Di Saverio, who will lead the growing division.

Di Saverio, who has more than 15 years of experience in commercial banking, joins Truist from a major financial institution, where he oversaw regional strategy and business development. He has worked extensively with middle market companies across New Jersey, focusing on relationship management, credit risk, and corporate finance.

“I’m looking forward to helping expand Truist’s expertise and capabilities in the middle market space,” Di Saverio said.

Joining Di Saverio are three other experienced bankers:

  • Michael Kourtis, who has worked for 17 years with middle market companies in metro New York and New Jersey.
  • Scott Tricarico, a veteran with more than two decades in banking, specializing in companies with revenues between $20 million and $1 billion.
  • Michael Vara, an expert in corporate banking and market expansion, previously managing key industry relationships in metro New York.

Travis Rhodes, Truist’s regional president for New Jersey and Pennsylvania, said the additions are part of a broader effort to expand the bank’s footprint in the middle market sector.

“With this team, we are deepening our commitment to businesses in New Jersey and enhancing the value we provide to our clients,” Rhodes said.

Truist, headquartered in Charlotte, North Carolina, is one of the nation’s largest commercial banks, with $531 billion in assets as of Dec. 31, 2024.

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