TEMPE, Ariz., June 16, 2020 /PRNewswire/ -- Silicon Valley
Bank (SVB), the bank of the world's most innovative companies and
their investors, today announced the appointment of Mark Rohrwasser as Chief Information Officer. He
will be based in Tempe and report
to COO Phil Cox.
Mark brings more than 30 years of experience to his new role
where he will strengthen SVB's technology capabilities and oversee
technology operations, engineering, architecture and
networking.
Prior to joining SVB, Mark was the International CIO for
Equifax, where he was responsible for strategizing and establishing
standardized platforms across the company's 23 global locations. He
held a variety of executive roles at Equifax, including stepping in
as interim Global CIO following the 2017 data breach and
shepherding the organization through a comprehensive cyber security
overhaul.
As Vice President at PayPal, Mark led strategy and development
of core payments, pricing, risk and compliance platforms. In
addition, he led development of a new credit platform with Apple
and transformed the company's global data centers. Prior to PayPal
Mark held a number of senior technology and operations positions at
Bank of America and General Electric. He earned his Bachelor of
Science in computer science and applied mathematics from
State University of New York at Albany
and his MBA from Purdue University.
"We are pleased to welcome Mark to SVB as our new CIO," said
Phil Cox, Chief Operations Officer
of Silicon Valley Bank. "Mark brings extensive experience in
financial services and a history of driving technology
transformation at leading firms. I know our technology team will
appreciate his leadership and our clients and partners will benefit
from his focus on and commitment to delivering technology solutions
that support and enhance their relationship with SVB."
Mark's leadership team includes several recent hires to SVB's
technology division. Pankaj Jain
joined SVB from Charles Schwab and
is the Divisional CIO overseeing Corporate Systems Technology
Delivery, and Chitra Herle,
previously with CBRE and Capital One, serves as the Divisional CIO
responsible for Commercial and Private Bank Technology Delivery.
Chief Technology Officer Ivneet Kaur and Shawn Lawson, Interim Head of Technology
Operations and Production also report to Rohrwasser. The team is
actively hiring for engineering, architecture and other technology
positions in Tempe, the Bay Area
and Bangalore.
About Silicon Valley Bank
For more than 35 years,
Silicon Valley Bank (SVB) has helped innovative companies and their
investors move bold ideas forward, fast. SVB provides targeted
financial services and expertise through its offices in innovation
centers around the world. With commercial, international and
private banking services, SVB helps address the unique needs of
innovators. Learn more at svb.com.
©2020 SVB Financial Group. All rights reserved. SVB, SVB
FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the
chevron device are trademarks of SVB Financial Group, used under
license. Silicon Valley Bank is a member of the FDIC and the
Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial
Group (Nasdaq: SIVB).
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SOURCE Silicon Valley Bank