Truist Securities Expands Advisory Team with Three Senior Hires
On 9 September 2026, Truist Financial Corp. (NYSE:TFC) announced the addition of three senior investment‑banking professionals to its Truist Securities division, aiming to strengthen its advisory capabilities for middle‑market clients. The hires focus on the insurance, healthcare, and financial‑institution‑group (FIG) debt capital‑markets segments.
Cem Altuntas joined the firm this week as head of insurance brokers and services. Altuntas brings experience from Guy Carpenter’s capital and advisory team and has previously held positions at UBS Group AG and Moelis & Co.
Jeffrey Davis was recruited as a managing director concentrating on healthcare. Davis spent eleven years at Jefferies Financial Services Group Inc. and earlier worked at Duff & Phelps, adding deep sector expertise to Truist’s healthcare advisory practice.
Ken Thompson entered as managing director and head of FIG investment‑grade debt capital markets. Thompson comes from Citigroup Inc., where he handled FIG debt issuance, and will lead Truist’s efforts in investment‑grade debt capital markets for financial institutions.
These appointments are part of Truist’s broader strategy to build out its advisory business, which has traditionally targeted middle‑market clients across various industries. The article notes that the content was generated with AI assistance and reviewed by an editor.