trending Market Intelligence /marketintelligence/en/news-insights/trending/TN93uR51oodFHp7uof9yzw2 content esgSubNav
In This List

Wells Fargo creates business group for payments, digital products

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on LGD

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level

Blog

Financial Institutions Factor Transition Risk into Climate-Related Stress Testing


Wells Fargo creates business group for payments, digital products

formed anew business group focused on payments capabilities and digital products. Thecompany expanded roles for a number of its senior leaders, who will also becomemembers of the company's operating committee.

Theappointments are effective Nov. 1, and will report to President and COO TimothySloan.

AvidModjtabai was named head of payments, virtual solutions and innovation. She isalready a member of the operating committee and presently leads the consumerlending group and cross-company operations.

FranklinCodel, head of home lending, was appointed as head of consumer lending. He willjoin the operating committee, along with Perry Pelos, who was named head ofwholesale banking. Pelos oversees Wells Fargo's commercial banking services arm.

Mary Mack,who heads community banking, will also join Wells Fargo's operating committee.