Industry Veteran Brings Nearly 30 Years of Experience in Financial Services
Sector
CHARLOTTE, N.C., Aug. 18 /PRNewswire-FirstCall/ -- Wachovia today
announced that Sridhar Chityala has joined the company as head of its
eCommerce division. He will report to Ranjana Clark, head of Marketing, and
will be responsible for the strategic direction and execution of the
company's Internet, intranet and mobile channels, as well as Wachovia's
overall online customer experience and integration.
"Sridhar brings a broad strategic perspective to the online space, as
well as deep expertise in financial services," Clark said. "In addition to
more than 16 years of technology and eCommerce experience, Sridhar also has
an extensive background in both strategic and operational roles in
financial services. This makes him a perfect fit to lead Wachovia's
eCommerce strategy."
Chityala will partner with Wachovia's business units to help them
develop eCommerce strategies that will support their business goals. He
also will provide leadership for the corporation on innovative technologies
to ensure outstanding customer service, increase client acquisition, drive
revenue growth, and create efficiency for Wachovia.
"Wachovia is already an industry leader in eCommerce, and I look
forward to helping the company further its meaningful Internet, intranet
and mobile presence," Chityala said. "I am excited about how Wachovia can
leverage these channels in an integrated fashion across its business units
to serve existing customers and attract new customers."
Most recently before joining Wachovia, Chityala served as head of the
Telecommunications Business Unit at Citi Cards, where he was responsible
for the company's partnership with AT&T, along with mobile services and
PayPass applications for credit cards.
Prior to joining Citigroup, he was executive vice president of
eBusiness at JP Morgan Chase, where he was responsible for eBusiness
oversight for the bank's cards, retail banking, home and auto finance and
middle market businesses. Previously, he was senior executive for Chase's
credit card eBusiness. When he joined Chase in 1999, Chityala had nearly 20
years of banking and finance experience in senior management and
operational roles at organizations such as Financial Industry
Foundation/Lafferty Councils and the National Australia Bank Group.
Chityala holds a master's degree in computer science from the Indian
Institute of Technology in Bombay and a Graduate Management Qualification
from the Australian Graduate School of Management. He also attended the
Advanced Management Program at Stanford University's business school.
About Wachovia
Wachovia Corporation (NYSE: WB) is one of the nation's largest
diversified financial services companies, with assets of $812.4 billion and
market capitalization of $33.5 billion at June 30, 2008. Wachovia provides
a broad range of retail banking and brokerage, asset and wealth management,
and corporate and investment banking products and services to customers
through 3,300 retail financial centers in 21 states from Connecticut to
Florida and west to Texas and California, and nationwide retail brokerage,
mortgage lending and auto finance businesses. Globally, clients are served
in selected corporate and institutional sectors and through more than 40
international offices. Our retail brokerage operations under the Wachovia
Securities brand name manage more than $1.1 trillion in client assets
through 14,600 financial advisors in 1,500 offices nationwide. Online
banking is available at wachovia.com ; online brokerage products and
services at wachoviasec.com ; and investment products and services at
evergreeninvestments.com .
SOURCE Wachovia
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Related links:
http://www.wachovia.com
http://wachoviasec.com http://evergreeninvestments.com
CONTACT:
For media: Matt Wadley, for Wachovia,
+1-704-374-6126
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