After 20 years of service at Regions, Chief Financial Officer David Turner recently announced he’s decided to trade earnings calls for fishing trips, and strategic plans for more days on the golf course.
David, a well-respected and principled executive, will be retiring in March after a remarkable career in financial services. Regions veteran Anil Chadha, who currently serves on David’s Finance leadership team as Controller and head of Corporate Finance, has been named Chief Financial Officer.
David has been a steady and trusted leader through some of the most pivotal moments in our company’s history. John Turner, Chairman, President and CEO
David, who took on the CFO role during the financial crisis in 2010, is credited with successfully leading Regions through that tumultuous time for the banking industry and building a foundation for lasting success while earning trust, strengthening the bank’s position and setting the stage for the peer-leading financial performance Regions is experiencing today.
“David has been a steady and trusted leader through some of the most pivotal moments in our company’s history,” said John Turner, Chairman, President and CEO. “His financial acumen, his integrity and his unwavering commitment to making sound, strategic decisions have left a lasting legacy. We are deeply grateful for his tremendous service and wish him all the best in this well-earned next chapter.”
During David’s tenure, Regions has delivered sustained growth, achieving strong earnings and consistent value creation for shareholders. Net income reached more than $1.7 billion in 2024, supported by strategic execution and operational discipline. The company’s stock price has grown by approximately 320 percent since 2010, and based on third quarter 2025 results, Regions is on track to lead its peer group in return on average tangible common equity (ROATCE) for the fifth consecutive year.
Regions maintains a strong balance sheet, robust capital and liquidity positions and a strategic hedging program that has helped the company manage interest-rate risk while maintaining resilience through diverse market and economic conditions.
I’ve enjoyed being part of the journey and it’s been an honor to serve this company and its incredible associates. David Turner, Chief Financial Officer
David is also known for cultivating strong, engaged teams and mentoring the next generation of leaders. Anil, his successor as CFO, is a good example of Regions’ commitment to cultivating in-house talent, having worked closely with David since joining Regions in 2011.
“Regions is well positioned for continued success,” David said. “I’m proud of the hard work and dedication of our teams over the years to achieve strong financial performance while keeping customers at the forefront. I’ve enjoyed being part of the journey and it’s been an honor to serve this company and its incredible associates. I’m thrilled to pass the baton to Anil, a strong and capable leader whose deep expertise in finance and risk management – combined with his strategic vision and passion for innovation – will serve Regions well in the years ahead.”
As Chief Financial Officer, Anil will oversee all finance operations, including financial systems, investor relations, corporate treasury, corporate tax, management planning and reporting, accounting and corporate development.
Most recently Anil has served as Controller and head of Corporate Finance and as a member of the company’s Executive Leadership Team. In that role Anil has managed financial reporting, accounting policy, accounting operations and all financial planning activities.
I am humbled and grateful for the opportunity to succeed David in this position and build on the strong foundation he has established. Anil Chadha, Controller and head of Corporate Finance
Previously he was assistant treasurer, where he managed capital, funding and liquidity. Anil also led the Shared Risk Services & Analytics team in Regions Risk Management, which included managing credit data reporting and analytics and overseeing the allowance for credit losses and commercial real estate appraisals and evaluations. Before joining Regions, Anil worked in Finance and Treasury at Ally Financial, Wachovia/Wells Fargo and Capital One.
He earned a bachelor’s in Business Administration from the University of Alabama-Birmingham and a master’s in Business from the Babcock Graduate School of Management at Wake Forest University.
“I am humbled and grateful for the opportunity to succeed David in this position and build on the strong foundation he has established,” Anil said. “It’s been a privilege to work with and learn from David, from both a professional and a personal standpoint. He brings exceptional insight and sound judgment to every discussion, while consistently delivering thoughtful, people-focused solutions.”
He is active in the community, serving on the Finance Advisory Board of the University of Alabama at Birmingham Collat School of Business and the UAB Athletics Foundation Board. He is also on the executive committee of the board of REV Birmingham, a nonprofit focused on economic development and revitalization, and the Mike Slive Foundation board. Anil is a former Birmingham Business Journal “Top 40 Under 40” honoree and part of the 2021 Birmingham cohort of the Young American Leaders Program at the Harvard Business School.
David and Anil will continue working closely together through March, ensuring a smooth transition and seamless handoff.
“While we’ll certainly miss David’s leadership – not to mention his trademark sense of humor – I’m genuinely excited about working closely with Anil,” John Turner said. “He brings a deep understanding of Regions’ strategic vision and is fully aligned with our near-term goals and long-term priorities. At the same time, Anil offers a fresh perspective that will help us continue evolving and strengthening our business.”
“We are carrying forward the momentum and clarity David brought to our team,” John added. “Regions is well positioned as an industry leader and we remain focused on executing our strategy and delivering strong value to our customers, our communities, our associates and our shareholders.”