First Horizon Appoints Ray Cenolli as Memphis Retail Banking Executive for Mid-South Operations

First Horizon (FHN) announces the appointment of Ray Cenolli as the new Retail Banking Executive for the Memphis market, a significant move that aims to bolster its operations across several states in the Mid-South region.

Leadership Transition at First Horizon

Cenolli replaces Mandy Long in this pivotal role and will oversee the bank's retail banking framework that spans across Alabama, Arkansas, Mississippi, and Southern Tennessee. With a wealth of retail banking experience, Cenolli's prior position as Senior Vice President and District Sales Manager at Citizens Bank involved managing 14 regions in the Northern Boston area, showcasing his capability to handle large-scale operations. This leadership change signals First Horizon's commitment to strengthen its position in the region.

A Vision for Growth

Tammy Crenshaw, Head of Retail Banking at First Horizon, emphasizes Cenolli's strong leadership skills and operational expertise as pivotal elements that could enhance the bank's performance in Memphis and the broader Mid-South region. His insights into strategic sales and operations are anticipated to drive growth and improve customer engagement, aligning well with First Horizon's objectives to meet the diverse needs of its clientele.

First Horizon's Position in the Financial Sector

As of March 31, 2026, First Horizon Corp. boasts $84.1 billion in assets, solidifying its stance as a significant player in the regional financial services sector. The appointment of Cenolli comes at a strategic time when the bank is poised to leverage its resources and expertise to expand its reach and effectiveness in the retail banking space.

In conclusion, First Horizon’s strategic leadership improvement reflects its commitment to enhance its operations and services in the Mid-South region, potentially leading to greater market share and customer satisfaction.