SAN FRANCISCO, Aug. 13 /PRNewswire-FirstCall/ -- Providian Financial
Corporation (NYSE: PVN) announced the addition of Robert J. Higgins to its
Board of Directors. Mr. Higgins' appointment to the Providian Board is
effective today.
Robert J. Higgins was nominated and confirmed by the Board as a new
Director at its regular August board meeting. Mr. Higgins has a long history
in financial services, having served over 30 years in various senior positions
with FleetBoston Financial Corporation. Mr. Higgins' previous roles with
Fleet most recently include President, Consumer Banking and Investment
Services, President, Commercial and Retail Banking, and President and Chief
Operating Officer, Fleet Financial Group.
"I am very pleased to have Bob Higgins join us as a Providian board
member," said Joseph Saunders, Chairman, CEO and President of Providian
Financial. "Bob brings solid financial industry experience to our already
distinguished Board. I look forward to his contributions."
"I am gratified by the opportunity that Joe Saunders and the Providian
Board have given me to serve as a Director. I look forward to working with my
new colleagues on the Board and the management team as we move forward."
About Providian
San Francisco-based Providian Financial is a leading provider of credit
cards and deposit products to customers throughout the U.S. By combining
knowledge, analysis and technology, Providian builds long-lasting
relationships with its customers through products and services to meet their
evolving financial needs. One of America's largest bankcard issuers,
Providian has more than $20 billion in managed receivables and over 13 million
customer relationships.
SOURCE Providian Financial Corporation
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Related links:
http://www.providian.com
CONTACT:
Alan Elias, +1-415-278-4189, or Laurel
Munson, +1-415-278-4770, both of Providian Financial Corporation
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