NASHVILLE, Tenn.–(BUSINESS WIRE)–Pinnacle Monetary Companions, Inc. (Nasdaq/NGS: PNFP) introduced at present that Decosta E. Jenkins has been elected to its board of administrators efficient March 1, 2021. He joins 16 different enterprise and group leaders from throughout the Southeast who function the agency’s administrators.
Jenkins is the president and CEO of Nashville Electrical Service (NES), one of many largest public utilities in america with 2019 revenues of $1.4 billion. He joined NES in 1991, serving as a senior vice chairman and chief monetary officer earlier than being appointed to the CEO submit in 2004. Previous to that, he spent 11 years at Deloitte working within the audit division for personal and public firms.
“Decosta is one in all Nashville’s most outstanding civic and enterprise leaders, and we’re thrilled so as to add his deep nicely of information and expertise to our board,” mentioned M. Terry Turner, Pinnacle’s president and CEO. “He’s a veteran accountant and auditor, and for the final 17 years he’s served because the positive and regular hand on the helm of one in all Nashville’s most vital main utilities. Throughout that point Decosta helped lead town by means of tough durations, navigated crises and, most significantly, reliably saved the lights on for our group. On prime of all that, he’s an individual of precept and companion. Decosta is an ideal match amongst our administrators.”
Jenkins is a licensed public accountant and earned an accounting diploma from the College of Tennessee. He’s chairman of the board for the Group Basis of Center Tennessee and fast previous chair of the American Public Energy Affiliation (APPA). Jenkins additionally serves on the board of trustees on the College of Tennessee and is a member of a number of boards together with the Nashville Space Chamber of Commerce, Seven States Energy Company, YMCA of Center Tennessee and Samaritan Ministries/Venture S.E.E. He additionally serves as a member of regional and nationwide our bodies addressing civic, power and local weather points, together with the APPA CEO Local weather Change and Technology Coverage Activity Drive, in addition to the Tennessee Valley Authority’s Buyer Planning Council.
Pinnacle Monetary Companions gives a full vary of banking, funding, belief, mortgage and insurance coverage services and products designed for companies and their homeowners and people fascinated about a complete relationship with their monetary establishment. The agency is the No. 1 financial institution within the Nashville-Murfreesboro-Franklin MSA, in line with 2020 deposit information from the FDIC. Pinnacle earned a spot on the 2020 listing of 100 Greatest Firms to Work For® within the U.S., its fourth consecutive look. American Banker acknowledged Pinnacle as one in all America’s Greatest Banks to Work For eight years in a row and No. 1 amongst banks with greater than $10 billion in belongings in 2020.
Pinnacle owns a 49 p.c curiosity in Bankers Healthcare Group (BHG), which gives progressive, hassle-free monetary options to healthcare practitioners and different licensed professionals. Nice Place to Work and FORTUNE ranked BHG No. 1 on its 2020 listing of Greatest Workplaces in New York State within the small/medium enterprise class.
The agency started operations in a single location in downtown Nashville, TN in October 2000 and has since grown to roughly $34.9 billion in belongings as of Dec. 31, 2020. Because the second-largest financial institution holding firm headquartered in Tennessee, Pinnacle operates in 12 primarily city markets in Tennessee, the Carolinas, Virginia and Atlanta.
Further info regarding Pinnacle, which is included within the Nasdaq Monetary-100 Index, might be accessed at www.pnfp.com.