Margaret Hammond
About Margaret Hammond
Margaret Hammond serves as the Executive Vice President and Director of Accounting Policy at TowneBank, a position she has held since 2019. She has extensive experience in accounting and finance, having previously worked at Regions Financial Corporation and SunTrust Bank in senior leadership roles.
Current Role at TowneBank
Margaret Hammond serves as the Executive Vice President and Director of Accounting Policy at TowneBank. She has held this position since 2019, contributing to the bank's financial strategies and accounting practices. Her role involves overseeing the development and implementation of accounting policies that align with regulatory standards and industry best practices. Based in Suffolk, Virginia, she plays a crucial part in ensuring the financial integrity of the organization.
Previous Experience at Regions Financial Corporation
Prior to her current role, Margaret Hammond worked at Regions Financial Corporation as Senior Vice President - Line of Business Controller Finance/Treasury from 2011 to 2016. During her five years in Birmingham, Alabama, she was responsible for financial oversight and reporting for various business lines, enhancing the financial management processes within the organization.
Experience at SunTrust Bank
Margaret Hammond also held the position of Senior Vice President - Corporate Functions SFO and Controller at SunTrust Bank from 2016 to 2018. In this role, she focused on financial operations and reporting, contributing to the bank's corporate functions. Her tenure in Atlanta lasted for two years, during which she played an integral role in the financial governance of the institution.
Educational Background in Accounting
Margaret Hammond earned her Master of Tax Accounting from the University of Alabama, completing her studies from 1992 to 1993. She also holds a Bachelor of Science in Accounting, which she obtained from the same university between 1988 and 1992. Her educational background has provided her with a strong foundation in accounting principles and tax regulations.