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HSBC Executive Joins First Niagara to Lead Commercial Card and Payments

BUFFALO, N.Y., July 15, 2015 (GLOBE NEWSWIRE) -- First Niagara Financial Group, Inc. (NASDAQ:FNFG) today announced that Peggy Yankovich joined the bank's Treasury Management group to lead its commercial card and payments business.

As Head of Commercial Card and Payments, Yankovich will lead all aspects of First Niagara's commercial payments including card-based solutions, product strategy, positioning, business management and sales enablement.

The 28-year banking veteran joins First Niagara following eight years with HSBC Bank in New York City. Most recently, she served as Global Head of Commercial Card, responsible for creating, leading and executing HSBC's strategy to launch and manage products and enhancements across North America, Latin America, Europe, Middle East and Asia. Previously, she was HSBC's North American Head of Commercial Card. She also worked at Bank of America for nine years, eventually becoming the company's Commercial Card Payments Executive. Yankovich began her career at NationsBank in Dover, Del. in 1987.

"We are pleased to welcome as accomplished an executive as Peggy to our treasury management team. Her extensive experience leading domestic and global payments businesses make her the ideal candidate to help drive First Niagara's continued commercial growth, as we work to create a superior banking experience for our commercial and business customers," said Deb Burgess, Senior Vice President and Director of Treasury Management.

Yankovich is a graduate of Queens University, where she obtained a bachelor's degree in business with a concentration in marketing. She is a member of the Commercial Payments International (CPI) Advisory Board.

About First Niagara

First Niagara, through its wholly owned subsidiary, First Niagara Bank, N.A., is a multi-state community-oriented bank with approximately 390 branches, $39 billion in assets, $28 billion in deposits, and approximately 5,300 employees providing financial services to individuals, families and businesses across New York, Pennsylvania, Connecticut and Massachusetts. For additional information on First Niagara, visit us at www.firstniagara.com, follow us on Twitter @FirstNiagara, or like us on Facebook at FirstNiagaraBank.

CONTACT: Jodi Johnston Director of Media Relations (716) 270-8612 Jodi.Johnston@fnfg.com

Source:First Niagara Financial Group, Inc.