SoFi Announces CFO Nino Fanlo Taking On Additional COO Role
San Francisco, CA (PRWEB) December 31, 2013 -- SoFi (Social Finance, Inc.), the private student lender, announced today its Chief Financial Officer Nino Fanlo is expanding his role at the company to take on the additional responsibilities of Chief Operating Officer.
Nino Fanlo joined SoFi in June of 2012 as CFO to lead the company’s financial operations and work closely with the management team on the creation and execution of its business strategy. Formerly the Chief Executive Officer of KKR Financial and Executive Vice President and Treasurer of Wells Fargo, Fanlo has over 30 years of leadership experience in financial services and capital markets.
Fanlo’s tenure at SoFi is highlighted by leading the company in raising a total of $500MM in capital and completing the first rated securitization of a P2P lender.
“Nino has played an essential role in SoFi’s rapid growth over the last 18 months, and I am thrilled he is taking on this expanded role,” said SoFi Chief Executive Officer Mike Cagney. “Successfully accessing the capital markets is vital to our business, and we could not have achieved this without Nino’s leadership.”
About SoFi
SoFi is the market leader in refinancing student loans and has funded $275 Million in loans to students and graduates from over 100 top universities. The company connects alumni borrowers with investors to reduce the cost of their student loans. Benefits like events, career advice, and professional mentorship deliver value beyond a traditional bank. To learn more about SoFi visit: http://www.SoFi.com.
Arden Grady, SoFi (Social Finance, Inc.), http://www.SoFi.com, +1 (415) 697-2045, [email protected]
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