Wells Fargo selects Engle to head technology
07 August 2024 US
Image: Wells_Fargo
Wells Fargo has appointed Bridget Engle as senior executive vice president and head of technology, reporting to CEO Charlie Scharf.
Joining the company鈥檚 operating committee on 12 August, Engle will be responsible for all technology across the company.
She brings more than 30 years of experience leading technology transformations across multiple global financial institutions to the role.
Engle joins Wells Fargo from BNY where she served as senior executive vice president and chief information officer (CIO) for more than seven years.
Previously, she spent more than six years at Bank of America where she served in several roles, including CIO of global banking and market, and as CIO of consumer banking.
At the same time, Wells Fargo has also announced that Tracy Kerrins will become the head of consumer technology, reporting to Engle.
In this role, she will lead a new generative AI team, responsible for driving the adoption of the technology across the company.
Kerrins has been working at Wells Fargo as global CIO for more than four years.
Prior to that, she served as chief operations and technology officer at Antares Capital.
Commenting on the appointments, Scharf says: 鈥淏ridget is a proven technology leader with deep experience leading large-scale technology transformations across multiple global financial institutions.
鈥淲e have made great progress under Tracy鈥檚 leadership, and Bridget鈥檚 experience will be invaluable as we continue to modernise our platforms, invest in scale, and increase innovation across the company.鈥�
According to Scharf, generative AI can help the firm transform its businesses and improve its customer and client experiences.
He adds: 鈥淥ur new generative AI team will work closely with our data and technology platform management teams, as well as each business, on identifying and delivering on the potential of generative AI responsibly.鈥�
Engle comments: 鈥淚 am excited to be joining Wells Fargo at this important time in the company鈥檚 transformation.
鈥淚 look forward to working with the team to continue to deliver modernised platforms and drive innovation across the company for our customers and employees.鈥�
Joining the company鈥檚 operating committee on 12 August, Engle will be responsible for all technology across the company.
She brings more than 30 years of experience leading technology transformations across multiple global financial institutions to the role.
Engle joins Wells Fargo from BNY where she served as senior executive vice president and chief information officer (CIO) for more than seven years.
Previously, she spent more than six years at Bank of America where she served in several roles, including CIO of global banking and market, and as CIO of consumer banking.
At the same time, Wells Fargo has also announced that Tracy Kerrins will become the head of consumer technology, reporting to Engle.
In this role, she will lead a new generative AI team, responsible for driving the adoption of the technology across the company.
Kerrins has been working at Wells Fargo as global CIO for more than four years.
Prior to that, she served as chief operations and technology officer at Antares Capital.
Commenting on the appointments, Scharf says: 鈥淏ridget is a proven technology leader with deep experience leading large-scale technology transformations across multiple global financial institutions.
鈥淲e have made great progress under Tracy鈥檚 leadership, and Bridget鈥檚 experience will be invaluable as we continue to modernise our platforms, invest in scale, and increase innovation across the company.鈥�
According to Scharf, generative AI can help the firm transform its businesses and improve its customer and client experiences.
He adds: 鈥淥ur new generative AI team will work closely with our data and technology platform management teams, as well as each business, on identifying and delivering on the potential of generative AI responsibly.鈥�
Engle comments: 鈥淚 am excited to be joining Wells Fargo at this important time in the company鈥檚 transformation.
鈥淚 look forward to working with the team to continue to deliver modernised platforms and drive innovation across the company for our customers and employees.鈥�
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