Financial services veteran will help advance mission of consumer financial health, driving a technology and policy agenda that enables a supportive ecosystem for pro-consumer innovation in the industry
CHICAGO, July 16, 2018 (GLOBE NEWSWIRE) — The Financial Health Network, the nation’s authority on consumer financial health, today announced the addition of Garry Reeder as Vice President, Innovation and Policy.
In this role, Reeder will set the strategic direction and be responsible for execution of the Financial Health Network’s innovation portfolio and policy activities. Reeder will also be responsible for leading the Financial Solutions Lab, a community of startups, financial services companies, and nonprofit organizations building solutions to improve financial health in America. The Lab is managed by the Financial Health Network with founding partner JPMorgan Chase & Co.
“Innovation is at the heart of what we do at the Financial Health Network,” said Jennifer Tescher, founder and CEO of the Financial Health Network. “Garry brings an incredible depth of knowledge, a strong commitment to consumers, and an expansive network to our team. He will be invaluable in furthering our mission of supporting pro-consumer innovation in financial services.”
Prior to joining the Financial Health Network, Reeder spent a number of years advising financial service providers and investors on issues related to consumer protection and government regulation, including existing and proposed regulations, supervisory matters, and enforcement actions. He was a co-founder of Fenway Summer — a consumer finance advisory and investment firm; and headed the Consumer Financial Services Advisory Practice at BlackRock. His broad experience in regulatory matters stems from his work at the CFPB, FDIC, US Treasury, and in the asset management industry.
“Financial services at its best enables consumers to pursue opportunity and to protect against misfortune,” said Reeder. “I’m excited to join an organization that harnesses talent, capital, and partnerships to assist providers in sustainably meeting consumers’ needs.”
Reeder was a member of the original team at the U.S. Treasury Department charged with staffing the Consumer Financial Protection Bureau (CFPB) and setting its strategic, operational, and policy priorities. In addition to serving as Chief of Staff, he envisioned and helped develop the CFPB’s Project Catalyst, a program focused on fostering consumer-friendly innovation. Reeder also served as the FDIC Deputy representing the CFPB and was a member of the Deputies Committee and Systemic Risk Committee of the Financial Stability Oversight Council (FSOC). Before joining the CFPB, he was a member of the Treasury Department’s Auto Team, which managed the Troubled Asset Relief Program’s (TARP) auto investments, including the $23 billion IPO of General Motors.
Prior to his service at the CFPB and the U.S. Treasury Department, Reeder spent a decade in the asset management business at Ziff Brothers Investments covering financial institutions and at Sanford C. Bernstein & Co. covering the media industry.
Reeder holds a B.A. in History from Yale College and an M.B.A from Columbia Business School. He will be based out of Washington DC and will be a member of the Program Leadership Team at the Financial Health Network, reporting to the Financial Health Network Chief Program Officer John Thompson.
About the Financial Health Network
The Financial Health Network is the nation’s authority on consumer financial health. The Financial Health Network leads a network of financial services innovators committed to building a more robust financial services marketplace with higher quality products and services, specifically for those who are struggling. Through its Compass Principles and a lineup of proprietary research, insights, and events, the Financial Health Network informs, advises, and connects members of its network to seed the innovation that will transform the financial services landscape. For more on the Financial Health Network, go to finhealthnetwork.org and follow us on Twitter at @finhealthnet.
Cosmo PR for the Financial Health Network