EFunds names Paul Walsh as chairman and CEO

EFunds names Paul Walsh as chairman and CEO

eFunds Corporation has appointed Paul Walsh as chairman of the board and chief executive officer.

Walsh was previously chairman and CEO of electronic payments provider Clareon Corporation.

He has also served as chairman of iDeal, president and CEO of Wright Express, CEO of investor and diversified services divisions at BankOne, head of institutional trust at Norwest Capital Management and CEO of Diner's Club - Germany for Citigroup.

Walsh succeeds Gus Blanchard, who will serve as transition advisor until his retirement at the end of the year.

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