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Citizens Bank names Taffe its New York state president

ALBANY, N.Y. — Citizens Bank announced Wednesday that it has promoted Paul Taffe to New York president.

Taffe has been a senior VP at Citizens since 2014. He has more than two decades of experience, and previously managed national and regional lending and cash-management teams at KeyBank, Wells Fargo, and SunTrust, according to a Citizens news release. Born and raised in Albany, Taffe began his banking career as a management associate with KeyBank.

A graduate of Le Moyne College in Syracuse, Taffe earned his MBA from Franklin University in Columbus, Ohio.

Taffe replaces James Gaspo as Citizens Bank’s New York president. After seven years in the position and 12 years with the bank, Gaspo left Citizens in February and joined Huntington National Bank as a commercial-banking executive in March, according to his LinkedIn page.

Citizens Bank has 8 branch offices and $275 million in deposits in the Syracuse metro area, ranking it 13th in deposit market share in the region, according to June 30, 2015 FDIC statistics, the latest available. The bank’s holding company is Citizens Financial Group, Inc. (NYSE: CFG), which is based in Providence, Rhode Island and has $140 billion in total assets.

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