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Pasadena’s Green Dot Appoints Former VISA, Inc. Chief Risk Officer to Board of Directors

Published on Sunday, April 12, 2020 | 5:27 pm

The Board of Directors of Pasadena-based financial technology and bank holding company Green Dot Corporation has appointed Ellen Richey, former vice chairman and chief risk officer, Visa Inc., as a director of the company.

The appointment follows the hiring of former Netspend CEO Daniel Henry as CEO and President of Green Dot in March.

Richey’s appointment was effective April 3. She will serve on the Board’s Risk Committee, a Green Dot statement said.

Richey has over 40 years of legal and risk management experience. In her role as Visa’s vice chairman of risk and public policy, she was responsible for driving the future of payment security, serving as the company’s voice with legislators, regulators and clients and leading similar initiatives combining risk, business and policy issues of strategic importance to Visa.

“Her experience and insight in areas of enterprise risk management and public policy will be a tremendous benefit to the Company as we continue to develop innovative, modern and secure payment products and services for the masses,” Green Dot Chairman William I. Jacobs said.

Before assuming the role of vice chairman at Visa, Richey concurrently served as chief legal officer, chief risk officer, and a member of Visa’s executive committee.

In May last year, Richey was recognized with the first-ever Lifetime Achievement Award by PaymentsSource as part of its annual Most Influential Women in Payments list. The award honors Richey’s 40-year career in law and risk management and highlights some of her work at Visa since 2007.

Prior to joining Visa, Rickey worked at Washington Mutual Inc. as senior vice president of enterprise risk management and executive vice president of card services.

She also served as vice chairman of Providian Financial Corporation, where she had responsibility for the enterprise risk management, legal, corporate governance, corporate relations, compliance and audit functions.

Richey has a BA in Linguistics and Far Eastern Languages from Harvard, and obtained her JD from Stanford Law School in 1977.

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