Regions Financial, an Alabama-based financial services firm, has named Nick Stonestreet as executive vice president leading the private banking division in its business services group. In this capacity, Mr. Stonestreet will provide direct oversight for products and services for high net worth clients.

Mr. Stonestreet brings 22 years of financial services experience as a seasoned private banking executive to Regions. Most recently, he served as president and CEO for BCR Environmental.

Grayson Hall, vice chairman, Regions, said: “At Regions, we recognize that the caliber of our leaders is the key to successfully meeting our business objectives. With Mr. Stonestreet’s expertise, we ensure a continued focus on our private banking platform. His proven track record, extensive private banking background and business acumen are critical disciplines that will help us further define our private banking and mass affluent business. He will be an excellent addition to our leadership team.”