Former Capital One exec to be Ally’s new chief information and data officer
Mark Mathewson will become chief information and data officer of Ally Financial on July 20. Images courtesy of the company.
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A professional whose career includes time with Capital One and Fannie Mae is set to become chief information and data officer of Ally Financial.
On Monday, the company announced the appointment of Mark Mathewson as CIDO, effective July 20. In this role, Ally said Mathewson will lead the company’s technology and data organization across all functions and lines of business, advancing its technology and data capabilities and driving the next phase of technology transformation for the all-digital bank and auto lender.
Mathewson brings more than 25 years of technology leadership experience to the role, most recently serving as the divisional chief information officer for Capital One’s retail banking and commercial banking units, where he oversaw technology teams across the United States, Mexico and India to deliver innovative technology solutions for consumers.
Over the course of his 12-year tenure at Capital One, Ally highlighted Mathewson rose through the ranks from vice president to managing vice president, senior vice president, and executive vice president, calling it “a trajectory that reflects both his technical acumen and his ability to lead at scale.”
Ally Financial chief executive officer Michael Rhodes said through a news release, “Mark is an incredibly respected technology leader in financial services, someone who blends the rigor and discipline that our industry demands with the curiosity and ambition that drives meaningful innovation.
“We were drawn to Mark’s deep roots in financial services and an extraordinary ability to develop talent that will create the future of AI-driven technological transformation,” Rhodes continued. “We are confident Mark will be a catalyst who anticipates the rapidly changing customer expectations to deliver the solutions necessary for Ally to compete and win with best-in-class digital experiences, enabled by leading technology.”
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Prior to Capital One, Mathewson spent 12 years at Fannie Mae, where he advanced through a series of increasingly senior roles spanning application development, IT governance and project portfolio management.
Mathewson also led the technology organizations for the capital markets and customer engagement teams. Earlier in his career, he served in technology consulting at Deloitte and held a role at early-stage technology startup admine.com.
“Ally has built something genuinely rare in financial services, driven by a relentless customer obsession and commitment to developing technology solutions that solve real pain points in banking; a mindset I share,” Mathewson said. “I’m thrilled to be joining the team and working with one of the best technology organizations in the business to shape the future, together.”