Global Credit Services, LLC, a leading provider of information and enterprise financial risk management solutions for corporations, announced that Douglas Newman was appointed President and Chief Executive Officer of the company.
Newman joined Global Credit Services in 2010 as Senior Vice President and Chief Marketing Officer, and has been responsible for the firm's marketing, business development, and client service. He brings to his new position 35 years of management, marketing, product and business development, operations, and technology experience in information, insurance, wealth management, retail banking, and payment/card businesses.
Previously, Newman was Vice President of Market & Business Development for Innovis Data Solutions, a credit information and decision-based analytics business. He formerly was the Chief Operating Officer, responsible for digital properties of Americana Financial (now AmWINS Group, Inc.), a wholesale and retail insurance brokerage, and Citigroup Private Bank's Global Director of Marketing. In addition, Newman held management positions in Citicorp's insurance, development, and credit card divisions, Bank of America, and MasterCard Worldwide.
Andrew Benerofe, Chairman of the company's Board of Managers, commented, "The Board is confident that Douglas Newman's hands-on experience at Global Credit Services and 35 years of financial services and information industry experience will serve us well as he leads the company forward into the future."
Douglas Newman stated, "I am excited and honored to be entrusted with providing leadership and strategic direction to Global Credit Services. Today, we are well poised to further leverage our 18 years of experience providing clients with a proven and comprehensive solution that helps them measure, manage, and mitigate financial risk among their prospects, customers, counterparties, and suppliers."
Global Credit Services, based in New York, is a leading provider of business-to-business credit information and financial risk management solutions. It helps corporations measure, control, and mitigate financial risk with its in-depth analysis, web-based software solutions, and robust database covering U.S. and international companies. It has been a trusted resource for risk management professionals for 18 years, helping them make informed decisions about their prospects, customers, counterparties, suppliers, and partners.