Providian Financial Corporation President and Chief Executive Officer Joseph Saunders announced that Jim Jones has been named Vice Chairman of Credit and Collections. Jones, who has been serving as president of the Company’s international operations, will report to Saunders.
Prior to joining Providian in September of 2000, Jones was President of Direct Banking and Insurance for Bank of America and was responsible for telephone banking, interactive banking, military banking, student lending, associate banking, and insurance. He previously served Bank of America as Group Executive Vice President and head of Consumer Credit.
Prior to that, Jones was Executive Vice President and head of Consumer Credit at Wells Fargo, a company he served for 14 years. He began his banking career at Citicorp.
“Jim provides a unique blend of credit, collections and marketing expertise that fits well as a part of the new management team I am assembling at Providian,” said Saunders.
Jim Redmond, who had been splitting his time between the management of credit and operations, will focus his time in the credit risk management area, reporting to Jones.
Jones will continue to manage the operations in Argentina and the United Kingdom as the Company exits those markets.
San Francisco-based Providian Financial is a leading provider of credit cards and deposit products to customers throughout the U.S.Details