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Elena M. Gallo Named Government Banking Division Executive

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Wells Fargo & Company (NYSE: WFC) has appointed Elena M. Gallo as the new Government Banking Division Executive. Gallo, a 35-year financial services veteran, succeeds Mara Holley, who is retiring after leading Government Banking since 2015. Previously serving as Northeast market executive for Government Banking since 2019, Gallo will now lead the nationwide team serving over 3,000 government clients in 43 states.

Gallo's extensive experience includes working with complex government entities and a decade-long tenure at JPMorgan Chase before joining Wells Fargo in 2003. Phillip Smith, vice chair of Specialized Industries, expressed confidence in Gallo's leadership abilities and expertise. The Government Banking division caters to federal and state agencies, authorities, water districts, and school districts, providing financial services to public utilities, transportation, and housing authorities.

Wells Fargo & Company (NYSE: WFC) ha nominato Elena M. Gallo come nuovo Direttore della Divisione Banking Governativa. Gallo, con 35 anni di esperienza nel settore finanziario, succede a Mara Holley, che si ritira dopo aver guidato il Banking Governativo dal 2015. Prima di assumere questo ruolo, Gallo ha ricoperto il ruolo di direttore di mercato per il Northeast nella Divisione Banking Governativa dal 2019 e ora guiderà il team nazionale che serve oltre 3.000 clienti governativi in 43 stati.

La vasta esperienza di Gallo include il lavoro con enti governativi complessi e un decennio di carriera in JPMorgan Chase prima di unirsi a Wells Fargo nel 2003. Phillip Smith, vicepresidente delle Industrie Specializzate, ha espresso fiducia nelle capacità di leadership e nell'expertise di Gallo. La divisione Banking Governativo si rivolge a agenzie federali e statali, autorità, distretti idrici e distretti scolastici, fornendo servizi finanziari a pubbliche utility, trasporti e autorità edilizie.

Wells Fargo & Company (NYSE: WFC) ha nombrado a Elena M. Gallo como la nueva Directora de la División de Banca Gubernamental. Gallo, una veterana de 35 años en servicios financieros, sucede a Mara Holley, quien se retira después de liderar la Banca Gubernamental desde 2015. Anteriormente, Gallo se desempeñó como ejecutiva del mercado del Noreste para Banca Gubernamental desde 2019 y ahora dirigirá el equipo nacional que atiende a más de 3,000 clientes gubernamentales en 43 estados.

La amplia experiencia de Gallo incluye trabajar con entidades gubernamentales complejas y una década en JPMorgan Chase antes de unirse a Wells Fargo en 2003. Phillip Smith, vicepresidente de Industrias Especializadas, expresó confianza en las capacidades de liderazgo y la experiencia de Gallo. La división de Banca Gubernamental atiende a agencias federales y estatales, autoridades, distritos de agua y distritos escolares, brindando servicios financieros a utilidades públicas, transporte y autoridades de vivienda.

웰스 파고(Wells Fargo & Company) (NYSE: WFC)가 엘레나 M. 갈로를 새로운 정부 은행 부문의 임원으로 임명했습니다. 갈로는 35년의 금융 서비스 경력을 가진 베테랑으로, 2015년부터 정부 은행 부서를 이끌어 온 마라 홀리를 대신하게 됩니다. 연방 정부 은행 부문에서 2019년부터 북동부 시장 임원으로 재직했던 갈로는 이제 43개 주에서 3,000명 이상의 정부 고객을 지원하는 전국 팀을 이끌게 됩니다.

갈로의 폭넓은 경험은 복잡한 정부 기관과의 작업을 포함하며, 2003년 웰스 파고에 합류하기 전에는 JPMorgan Chase에서 10년을 근무했습니다. 전문 산업 부문의 부회장인 필립 스미스는 갈로의 리더십 능력과 전문성에 대한 신뢰를 표명했습니다. 정부 은행 부서는 연방 및 주 정부 기관, 당국, 수자원 구역 및 교육 구역에 금융 서비스를 제공하여 공공 유틸리티, 교통 및 주택 당국을 지원합니다.

Wells Fargo & Company (NYSE: WFC) a nommé Elena M. Gallo comme nouvelle Directrice de la Division de la Banque Gouvernementale. Gallo, forte de 35 ans d'expérience dans le secteur financier, succède à Mara Holley, qui prend sa retraite après avoir dirigé la Banque Gouvernementale depuis 2015. Ancienne directrice de marché pour la Banque Gouvernementale dans le Nord-Est depuis 2019, Gallo dirigera désormais l'équipe nationale servant plus de 3 000 clients gouvernementaux dans 43 États.

Gallo possède une vaste expérience, ayant travaillé avec des entités gouvernementales complexes et ayant passé une décennie chez JPMorgan Chase avant de rejoindre Wells Fargo en 2003. Phillip Smith, vice-président des Industries Spécialisées, a exprimé sa confiance dans les capacités de leadership et l'expertise de Gallo. La division Banque Gouvernementale sert des agences fédérales et étatiques, des autorités, des districts d'eau et des districts scolaires, en fournissant des services financiers aux services publics, aux transports et aux autorités du logement.

Wells Fargo & Company (NYSE: WFC) hat Elena M. Gallo zur neuen Geschäftsführerin der Abteilung Öffentliches Banking ernannt. Gallo, eine Veteranin mit 35 Jahren Erfahrung im Finanzdienstleistungssektor, folgt auf Mara Holley, die sich nach ihrer Leitung des Öffentliches Banking seit 2015 in den Ruhestand zurückzieht. Zuvor war Gallo seit 2019 als Marktleiterin im Nordosten für das Öffentliches Banking tätig und wird nun das nationale Team leiten, das über 3.000 Regierungsstellen in 43 Bundesstaaten betreut.

Gallos umfassende Erfahrung umfasst die Arbeit mit komplexen Regierungsbehörden und eine zehnjährige Karriere bei JPMorgan Chase, bevor sie 2003 zu Wells Fargo wechselte. Phillip Smith, Vizevorsitzender der Fachindustrien, äußerte Vertrauen in Gallos Führungsqualitäten und Expertise. Die Abteilung Öffentliches Banking bedient Bundes- und Landesbehörden, Behörden, Wasserbehörden und Schulbezirke und bietet Finanzdienstleistungen für öffentliche Versorgungsunternehmen, Verkehr und Wohnungsbehörden an.

Positive
  • Appointment of experienced leader Elena M. Gallo as Government Banking Division Executive
  • Gallo brings 35 years of financial services experience to the role
  • Government Banking division serves over 3,000 government clients across 43 states
Negative
  • None.

35-year financial services veteran to lead nationwide team serving 3,000 government clients

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today named Elena M. Gallo as Government Banking Division Executive. Gallo, a 35-year financial services veteran, succeeds Mara Holley, who is retiring after leading Government Banking since 2015. Gallo is based in New York.

Elena M. Gallo, Government Banking Division Executive, Wells Fargo Commercial Banking (Photo: Wells Fargo)

Elena M. Gallo, Government Banking Division Executive, Wells Fargo Commercial Banking (Photo: Wells Fargo)

Gallo has served as Northeast market executive for Government Banking since 2019, leading a team of relationship managers from Virginia to Maine. They serve the financial needs of federal and state agencies and authorities, water districts, and school districts.

“We’re fortunate to have someone with Elena’s leadership ability and expertise in big, complex government entities,” said Phillip Smith, vice chair of Specialized Industries, which includes Government Banking. “Her wealth of experience will propel our team and clients to new levels of success.”

In her new role, Gallo will lead Government Banking nationwide for Wells Fargo’s Commercial Banking division, serving more than 3,000 government agencies, public utilities, transportation, and housing authorities in 43 states.

“I am thrilled about Elena’s elevation to the new division executive role for our Government Banking businesses,” said Mara Holley, whose Wells Fargo career spanned 30 years. “I am confident she will lead our team with energy and wisdom in support of our clients.”

Gallo joined Wells Fargo in 2003 in treasury management sales and became Northeast Regional vice president in 2017. Before that, she worked more than a decade at JPMorgan Chase. A native of New York, Gallo earned a bachelor’s degree in business administration from Wagner College on Staten Island.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com.

LinkedIn: https://www.linkedin.com/company/wellsfargo

Cautionary Statement about Forward-Looking Statements

This news release contains forward-looking statements about our future financial performance and business. Because forward-looking statements are based on our current expectations and assumptions regarding the future, they are subject to inherent risks and uncertainties. Do not unduly rely on forward-looking statements as actual results could differ materially from expectations. Forward-looking statements speak only as of the date made, and we do not undertake to update them to reflect changes or events that occur after that date. For information about factors that could cause actual results to differ materially from our expectations, refer to our reports filed with the Securities and Exchange Commission, including the discussion under “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the Securities and Exchange Commission and available on its website at www.sec.gov.

News Release Category: WF-LO

Media

Gabriel Boehmer, 503-830-9995

gabriel.h.boehmer@wellsfargo.com

Source: Wells Fargo & Company

FAQ

Who is the new Government Banking Division Executive at Wells Fargo (WFC)?

Elena M. Gallo has been named the new Government Banking Division Executive at Wells Fargo (WFC), succeeding Mara Holley who is retiring.

How many government clients does Wells Fargo's (WFC) Government Banking division serve?

Wells Fargo's (WFC) Government Banking division serves more than 3,000 government agencies, public utilities, transportation, and housing authorities in 43 states.

What was Elena M. Gallo's previous role at Wells Fargo (WFC) before her new appointment?

Before her appointment as Government Banking Division Executive, Elena M. Gallo served as Northeast market executive for Government Banking at Wells Fargo (WFC) since 2019.

When did Elena M. Gallo join Wells Fargo (WFC)?

Elena M. Gallo joined Wells Fargo (WFC) in 2003 in treasury management sales.

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