Neo-banking company Zolve has announced the appointment of former co-chairman and CEO of Citigroup’s Global Consumer Group Steve Freiberg to its leadership team in the United States. In his new role as Growth and Business Advisor, Freiberg will be responsible for advising on overall growth and business strategy with a focus on enhancing the product and value proposition of Zolve’s offerings internationally. Furthermore, he will also play a key role in bringing the right technology & product partners onboard.
His deep understanding of the US market and regulatory nuances would be key in strengthening Zolve’s presence in the US. Furthermore, he will also play a key role in bringing the right technology & product partners onboard.
Freiberg has expertise in the financial domain and has held several key leadership roles in various organisations in the past. He served Citigroup for 30 years where he was responsible for all business lines serving consumer & commercial customers spanning 53 countries and 230 thousand employees.
He also served as CEO of Etrade, fintech company SoFi as vice chairman, board member of Compas Digital Acquisition Corp., Board Chairman of Portage Financial Technology Acquisition Corp and retired board member of MasterCard.
Prior to Zolve, Freiberg was Chairman of the board at Fair Square Financial, one of Delaware’s fastest-growing financial services startups which was later sold to the online auto lending giant Ally for $750 million. Freiberg is also the Founder of Grand Vista Partners and a Senior Advisor to Boston Consulting Group and TowerBrook Capital Partners.
Welcoming Freiberg, Raghunandan G, founder and Chief Executive Officer, Zolve, said, “Freiberg’s rich experience and expertise in the sector will help Zolve achieve new heights at a global level. Steve’s unparalleled understanding of the market, regulatory landscape, and networking expertise will help unlock new avenues for Zolve.”
This is the third strategic appointment at Zolve within a month; following the onboarding of Anandapadmanabhan Ramabhadran from the Boston Consulting Group (BCG) and Douglas T Hamilton as the Chief Compliance Officer.
Apart from bolstering the core leadership team in India and the United States, the startup is also looking for innovative and dynamic professionals to fill up the roles of Customer Support Head; Customer Support Agents; Senior Product Analyst; Product Manager, Fraud & Risk; and Collections Lead. Zolve also seeks candidates for marketing and Credit Risk Data Science roles.