BY KONRAD ALT
After a busy quarter marred by a banking crisis, we’re honored to welcome a new senior advisor to the team - Tod Gordon.
Tod brings more than 35 years of financial services experience to Klaros, serving as an executive and operator in corporate and business roles. Recently, Tod was part of a small team that organized the First Women’s Bank (a de novo Chicago bank) and served as their first CFO. Previously, he led the Deposits business at Discover Financial Services, spanning over 1 million consumer relationships and over $50B in deposits. Additionally, he served as Treasurer for Discover’s $100B holding company and bank.
Tod joined Discover from JPMorgan Chase where he served as Head of Liquidity Solutions, responsible for the Commercial Bank’s $200B deposits before and during the financial crisis. During his time at JPMorgan Chase, he was responsible for balance sheet strategies, liquidity risk, asset securitization, rating agency relationships, M&A liaison, and share repurchase program. Before JPMorgan, Tod had numerous roles at Bank One, Household International, and American National Bank Chicago.
Tod’s expertise in designing and building deposit programs will be extremely valuable to Klaros as we continue to help banks incorporate a commitment to innovation into a culture of regulation and compliance, and help fintech incorporate a commitment to regulation and compliance into a culture of innovation.
As always, if you’d like to chat about innovation, regulation, or other associated topics, shoot us a note at hello@klaros.com.