Capital One Bank announced the appointment of Jim Gifas as Senior Vice President and Head of Treasury Management’s Product Management & Innovation Group. In this role, Gifas will lead all aspects of product management and development functions, including industry and segment strategies. He will report to Colleen Taylor, Head of Treasury Management and Enterprise Payments.
"Jim brings a broad range of banking experience across all business segments, including the sales, market delivery and service of global treasury solutions," said Colleen Taylor. “His ability to introduce innovation into treasury services and adapt to the evolving economic climate make him a strong fit for our team, as we continue to enhance solutions for our corporate customers.”
Prior to joining Capital One Bank, Gifas served as Head of Treasury Solutions for RBS Citizens Bank, where he drove value for corporate clients through cash management, credit card, trade finance, and foreign exchange payment solutions. He played an integral role in the bank’s development of a pioneering mobile banking application for corporate payment and banking. Prior to RBS, Gifas spent 13 years at Citibank, where his senior leadership roles included Treasury Products Group Head and National Sales Director. At Citi, he was responsible for business development and fee/deposit revenue growth, and built a middle market group franchise for cash management, foreign exchange payments and trade finance. Previously, Gifas served as Sales Director for Deutsche Bank, focused on domestic and international cash management services.
“Capital One is laser-focused on the client experience and continuously driving innovation to transform its banking relationships. These efforts, coupled with the trend in corporate treasury to embrace new technology and customer-centric services, make it an exciting time to be joining Capital One,” said Gifas. ”Colleen and her team are dedicated to generating value for their clients and have positioned Capital One’s Treasury Management business for a strong growth trajectory. The Bank is truly committed to investing in the technology and expanded product solutions its clients need to effectively manage and control their treasury operation.”
Gifas is an active member of the Payco Board of Directors for The Clearing House and the Corporate Executive Board for the Treasury Management Executive Circle. He has recently spoken at the 2013 Mobey Forum and the 2012 McKinsey & Co. Cash Management Forum on the topics of corporate mobile banking and improving the customer experience, respectively.
Capital One Financial Corporation is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N. A., had $208.3 billion in deposits and $290.5 billion in total assets as of March 31, 2014. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels.