Raymond James Financial Announces Key Executive Leadership Appointments
Article excerpt
St. Petersburg, Fla., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Raymond James Financial (NYSE: RJF) announced today that Bank Segment President Steve Raney will transition into an executive consulting role on January 1, 2027, after 21 years of leading the firm’s banking business. As part of the firm’s long-term succession plans, RJF Chief Operating Officer Scott Curtis will lead the Bank Segment. “Under Steve’s leadership, the business has grown from approximately $41 million in annual net revenues in fiscal 2006 to nearly $1.8 billion in fiscal 2025, while becoming an increasingly important part of how we serve advisors and their clients,” said RJF CEO Paul Shoukry. “Just as important, Steve has built an outstanding leadership team and a strong foundation for future growth. We are fortunate Raymond James will continue to benefit from his wealth of institutional knowledge and industry expertise.” Raney will work closely with Curtis and the Bank Segment leadership to ensure a thoughtful and orderly transition. Beyond the transition, he will continue to serve as chair of the Raymond James Bank board and a member of the TriState Capital Bank board and Raymond James’ two trust company boards, as well as a member of select bank committees. Curtis has served on the Raymond James Bank board since 2019. “It has been an honor to be part of the firm’s banking story – developing intelligent...
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As part of the transition, Chief Strategy Officer Tarek Helal will oversee the Asset Management Services (AMS) division, effective January 1, 2027, in addition to his current responsibilities.