Ulrike Guigui Named Wells Fargo Head of Payments Strategy

Rhea-AI Summary

Wells Fargo & Company (NYSE: WFC) has appointed Ulrike Guigui as the new head of Payments Strategy, effective June 1. Guigui, with over 20 years of experience in the payment and consumer finance industry, will report to Ather Williams III, focusing on aligning the bank's enterprise payments strategy for future growth. Previously at Deloitte, she has held key positions at companies such as Mastercard and Citigroup. Her expertise is expected to bolster Wells Fargo's capabilities in providing secure and seamless financial transactions.

Positive

• Appointment of Ulrike Guigui enhances leadership in payments strategy.
• Guigui's extensive experience in payments will support growth opportunities.

Negative

• None.

Wells Fargo & Company (NYSE: WFC) today announced that Ulrike Guigui has been named head of Payments Strategy. She will join the company on June 1 and will report to Ather Williams III, Wells Fargo head of Strategy, Digital, and Innovation.

Ulrike Guigui, Wells Fargo Head of Payments Strategy (Photo: Wells Fargo)

In this new position, Guigui will be responsible for leading the company’s enterprise payments strategy. She will work across the company and with industry partners to ensure Wells Fargo is strategically aligned and positioned for growth opportunities in the payments industry.

“Helping our consumer and business customers send and receive money seamlessly, securely, and conveniently is one of the most important financial services we provide, and we want to remain at the forefront of technology to enable payments,” Williams said. “Ulrike’s deep experience in the payments industry makes her a natural fit for helping shape the future of money movement.”

Guigui has more than 20 years of experience in the payments and consumer finance industry and has held positions with issuers and payment companies in Europe and the U.S. Guigui joins Wells Fargo from Deloitte Consulting LLP, where she was most recently managing director and head of Deloitte’s Payments Practice. She also previously held positions at Acculynk, Mastercard, GE Capital, and Citigroup.

She has an undergraduate degree in European Business Administration from the European Partnership of Business Schools and holds a Master of Business Administration in Finance (Fulbright Scholar) from Syracuse University. She will be based in New York City.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies and small businesses in the U.S. 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. 30 on Fortune’s 2020 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 | Twitter: @WellsFargo.

News Release Category: WF-LO

View source version on businesswire.com: https://www.businesswire.com/news/home/20210524005132/en/

FAQ

Who is the new head of Payments Strategy at Wells Fargo?

Ulrike Guigui has been appointed as the new head of Payments Strategy at Wells Fargo.

When will Ulrike Guigui join Wells Fargo?

Ulrike Guigui will join Wells Fargo on June 1.

What are Ulrike Guigui's qualifications?

Ulrike Guigui has over 20 years of experience in the payments industry and holds an MBA in Finance.

What is the role of Ulrike Guigui at Wells Fargo?

She will be responsible for leading the company's enterprise payments strategy.

Who does Ulrike Guigui report to at Wells Fargo?

Ulrike Guigui will report to Ather Williams III, the head of Strategy, Digital, and Innovation.