First Citizens names Versteegh equipment finance president

First Citizens Bank has appointed Rod Versteegh to lead its equipment finance division.

Versteegh, previously global business unit president at DLL, succeeds longtime Equipment Finance President Mike Jones, who is retiring after three decades in the industry, according to a First Citizens release today. Jones will remain with First Citizens in an advisory role through early 2026 to support the leadership transition.

“Rod’s leadership will be an incredible asset,” First Citizens Bank President Peter Bristow stated in the release. “He brings with him a fresh perspective and a wealth of knowledge from key industries such as material handling, construction, transportation, agriculture and more.”

Also joining First Citizens Equipment Finance is James Ferguson, another former DLL executive, who was named the bank’s managing director of sales. Ferguson had been with DLL since 2009, most recently overseeing global new business and strategic marketing.

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