Fiserv has ankled Devin McGranahan as president of its Billing and Payments Group, effective November 1st. McGranahan succeeds Rahul Gupta, who will leave Fiserv in December 2016 to pursue other interests.
McGranahan brings more than 25 years of business and leadership experience to Fiserv. He most recently served as a senior partner at McKinsey and Company, engaging with leading financial services companies on a broad range of strategy, payments and business-building opportunities. He also held a variety of management roles at the firm, including leader of the Global Insurance Practice and co-chair of the Global Senior Partner Election Committee.
In addition, McGranahan served as co-leader of the North America Financial Services Practice.
McGranahan earned an MBA with distinction from Harvard Business School, a bachelor’s degree in finance from The Wharton School of the University of Pennsylvania and a bachelor’s degree in mechanical engineering from the University of Pennsylvania.
Active in the community, he is chair of the Pittsburgh Symphony Orchestra and president of Lake Ontario Optimist Team (LOOT), a children’s educational sailing program.
McGranahan succeeds Rahul Gupta, who will leave after more than a decade in key leadership positions at Fiserv and more than 30 years serving the financial services and payments industries. Gupta was named president of the Billing and Payments Group in 2014 and will assist with the transition through the remainder of 2016.