10/29/2025

Citizens Private Bank Deepens Southern California Presence with New Los Angeles-Based Team

PROVIDENCE, R.I. (October 29, 2025) - Citizens announced today further expansion of their Private Bank into Southern California by attracting a top-in-market team with deep roots in the Greater Los Angeles region, and plans to open multiple private banking offices, serving Beverly Hills and South Bay communities. This strategic expansion allows Citizens to bring high-touch, holistic banking services closer to an in-demand market, underscoring a commitment to meeting clients where they are.

The new team, led by Michele Piccirillo, brings extensive expertise in pairing deposit solutions and strategic lending with white glove service to address the complex needs of high- and ultra-high-net-worth individuals, families and businesses across entertainment, real estate, construction lending, philanthropic and innovation sectors. With decades of collective experience in the market, the team of relationship managers includes Michele Piccirillo, Jeremy Cramer, Lisa Lemons, Jonathan Durante, Petros Altunyan, Sarah Perahia, Jodie Weiss, Brian Litman and Mary Deckebach.

"Our clients aren't shy to tell us what they want, and they have made it clear they would like Citizens Private Bank in Los Angeles. The addition of this highly esteemed team allows us to extend our high-touch, integrated banking capabilities to clients in the market and throughout the state," said Susan deTray, Head of Citizens Private Bank. "This team shares our legacy and passion for providing best-in-class client service and has a proven track record of partnering with regional real estate investors, founders and businesses. We are delighted to welcome their clients home, and I have the utmost confidence the team will uphold the extraordinary caliber of service Citizens Private Bank has become synonymous with, in California and beyond."

This milestone follows a period of strong growth for Citizens Private Bank, which recently announced $12.5B in deposits and $5.9B in loans*, and thriving momentum across California. In October 2024, Citizens hired a team of twelve seasoned private bankers, led by Executive Market Director Victor Mena, across Newport Beach and San Diego, laying the foundation for a solid Southern California presence and building upon the momentum of its 2023 expansion in the Bay Area. Citizens Private Bank will officially open its new Newport Beach office in November and new San Diego office in December. These dedicated hubs for clients across Orange County, as well as the future Los Angeles locations, reinforce Citizens Private Bank's long-term commitment to building lasting relationships and providing extraordinary service across the region.

"We are excited to join Citizens Private Bank at this pivotal moment of growth in the Los Angeles market and help build upon a legacy of exceptional service," said Michele Piccirillo, Relationship Manager, Citizens Private Bank. "Citizens' integrated model and extensive capabilities enhance our team's ability to provide clients with a truly holistic experience, addressing their comprehensive private banking, wealth and commercial banking needs."

In addition, Citizens Private Wealth recently welcomed a Los Angeles-based wealth advisory team, led by Mike Shayestehfar, who has decades of experience delivering holistic financial planning that extends beyond portfolio management. The team specializes in retirement and estate planning, insurance and tax strategies, charitable giving, and multi-generational legacy planning with a mission to preserve and grow clients' wealth while creating enduring financial legacies built on trust, discipline, and purpose.

Together, these hires reflect Citizens' continued investment in talent and its commitment to serving clients throughout the state with a comprehensive suite of banking and wealth management solutions.

*As of September 30, 2025

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $222.7 billion in assets as of September 30, 2025. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,100 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available https://www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.