FHN Financial Bolsters Municipal Market Presence with Key Hires

FHN Financial, a prominent player in the municipal finance sector, has recently announced strategic hires aimed at expanding its capabilities and expertise in the Project Finance sector of the municipal market. The firm has recruited Howard Manning as Managing Director and national lead banker for Project Finance transactions, Stan Rosendahl as Executive Director to expand coverage across sectors nationally, and Alana Zimmerman as Executive Director to work as the lead execution banker for the Project Finance team.

These strategic hires align with FHN Financial's recent investments in the Midwest and Northeast regions, where the firm has been actively expanding its presence. By strengthening its team with industry veterans, FHN Financial seeks to enhance its expertise in specialized municipal sectors, particularly in healthcare. Ajay Thomas, Senior Managing Director and Head of Public Finance, expressed enthusiasm about the new team members, stating that they will add depth, structuring expertise, and transaction execution capabilities to the public finance business.

FHN Financial Capital Markets, a division of First Horizon Bank, operates 27 offices across the United States, with Municipal Underwriting and Trading Desks in multiple cities and Public Finance offices in 12 locations. This extensive network enables the firm to provide comprehensive services to issuers and institutional investors through various business lines, including public finance, underwriting, sales, and trading of fixed income products, supported by credit and portfolio strategy, economic outlook, and analysis.

The expansion of FHN Financial's capabilities in the Project Finance sector of the municipal market is a strategic move that positions the firm to better serve specialized transaction issuers. With the addition of these experienced professionals, FHN Financial is well-equipped to offer innovative solutions, pricing expertise, and investor access to issuers in need of financing options. As the municipal industry continues to evolve, FHN Financial's commitment to growth and expertise ensures its position as a formidable solutions provider.