FIS™ (NYSE: FIS), the world's largest provider of banking and payments technology, today announced that Les Muma has joined the company's board of directors.
A founder and former CEO of a multi-billion-dollar FinTech company, Muma brings more than four decades of financial services experience and leadership to the position.
"Les' deep expertise as a thought leader and chief executive in the financial services industry for more than four decades will bring significant value to FIS and our board of directors," said Frank Martire, FIS chairman and CEO. "Having worked with Les in the past, I know what a brilliant mind he has for our industry and for our clients and I am confident he will add tremendous value to our board."
Muma's varied career spans the accounting giant Price Waterhouse to several prominent roles leading divisions of large U.S. savings and loan institutions. In 1984, Muma merged several organizations to form Fiserv, one of the largest FinTech providers in North America.
As president and chief operating officer, Muma led dramatic organic growth and oversaw numerous acquisitions before becoming chief executive officer in 1999. In this role, he grew the company from a small, multi-million-dollar, private company with just two locations to a multi-billion-dollar, publicly traded company prior to his retirement in June 2006.
In addition to his role on the FIS board, Muma serves as a director of Gold Shield Foundation and is a member of the University of South Florida Foundation Board, co-chairing its Capital Campaign. He also is a director of MGIC Investment Corporation. Muma and his wife live in Florida.