Thursday, 27 October 2011 10:42
Amex names new head of Europe consumer card business
Former Wells Fargo and GE Capital man appointed
American Express has appointed Colin Walsh as executive VP, head of its international consumer and small business services businesses in Europe.
Walsh has held senior positions in the retail financial services sector for more than twenty years in both the US and UK.
He joins Amex from the Lloyds Banking Group, where he led a number of businesses in the UK, including mortgages, savings, investments, cards and payments. He has held senior roles in consumer financial services at Wells Fargo, Transamerica Financial Services and GE Capital.
Earlier in his career he spent three years with Amex in New York in its the small business services division.
He is active on a number of industry boards and trade bodies. He serves as chairman of the Council of Mortgage Lenders and non-executive director of Executive Networks, a provider in Human Resource, Learning, and Talent networks for senior executives.
Doug Buckminster, president of international consumer and small business services at Amex, commented: “American Express’s international consumer card businesses have made tremendous progress in the past few years, in delivering historically high levels of earnings and diversifying our business around the world, along the way becoming an even greater contributor to the Company's profitability. Colin Walsh brings with him an outstanding record of accomplishment and the kind of management experience and judgment that will be invaluable to the continued success of these businesses in Europe.”