Visa treasury veterans joins Promontory

Source: Promontory

Richard Laiderman and Alan Weindorf, financial services executives with expertise in payments, currency, and treasury operations, have joined Promontory Financial Group as senior professionals in its San Francisco office.

Promontory is a global leader in strategy, risk management, and regulatory-compliance consulting.

Laiderman, who joined the firm as a managing director, was most recently head of global treasury at Visa Inc., where he helped build its world-class treasury department and led back-office functions of the company’s initial public offering. He was previously treasurer at Ameriprise Financial, and during 13 years at Bank of America was executive vice president of its corporate treasury.

Weindorf, who joined the firm as a director, was a senior business leader at Visa Inc., and led the team responsible for all foreign-exchange activities. Before that, he was a director in treasury at Starbucks Corp., where he oversaw the company’s FX and commodity risk management, investment portfolio, capital-market functions, and enterprise risk management. Previously, Alan was assistant treasurer at Transamerica Corp.

“Richard and Alan are highly esteemed leaders and risk professionals who bring to Promontory significant experience in payments, treasury operations, and foreign exchange,” said Konrad Alt, Promontory’s chief operating officer. “They are ideally suited to help companies pursue the remarkable growth opportunities — and manage the abundant risks — that these areas offer.”

“The pace of innovation in payment systems continues to accelerate,” said Laiderman. “I am excited to join the team at Promontory in helping companies navigate the changes to come.”

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