New York, NY (November 20, 2024) |
The Federal Reserve Bank of New York announced that René F. Jones, chairman and chief executive officer of M&T Bank, has been reelected as a Class A Director representing Group 1, which consists of banks with capital and surplus of more than $2 billion. Jones will serve a three-year term ending December 31, 2027.
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank.
Before being named chairman and CEO of M&T, Jones served as chief financial officer and as a vice chairman of M&T Bank. Prior to joining M&T, Jones worked at the Boston-based office of Ernst & Young before moving to a private equity firm.
Jones is vice chair of the Bank Policy Institute. He serves on the boards of ACV Auctions Inc., Boston College, and Pan-Massachusetts Challenge Inc., as well as on the UB Council, an oversight and advisory body of the University at Buffalo. He also serves as a steward of the Council for Inclusive Capitalism and as an advisory member of AUX 21 Capital Management.
Jones is a graduate of Boston College, with a Bachelor of Science in management science, and the University of Rochester, with a Master of Business Administration.