WILMINGTON, Del.--(BUSINESS WIRE)--Barclays today announced the appointment of John J. Erdmann as Chief Financial Officer for Barclays US Consumer Bank and Barclays Bank Delaware (BBDE). Erdmann will oversee the bank’s consumer financial operations in the United States, including financial reporting, planning and analysis, forecasting, expense management, and financial controls.
Erdmann is a seasoned finance executive with over 25 years in financial services across a variety of industries including commercial and consumer banking, mortgages, and credit cards. He joins Barclays from TD Bank where he served most recently as Senior Vice President, Head of Line of Business CFOs for the U.S. Retail business, and prior to that was the bank’s U.S. Controller.
“John’s deep banking experience across all critical financial functions, including risk governance and control, will be a tremendous asset to Barclays,” said Denny Nealon, CEO, Barclays US Consumer Bank. “His collaborative approach will be a great fit for our culture. We look forward to his contributions as we execute our strategy to grow and strengthen our portfolio and deliver additional value for all our stakeholders.”
Throughout his career, Erdmann held various finance leadership roles that spanned PHH Corporation, a top mortgage originator and fleet leasing company, Bank One Corporation, Discover Financial Services, RBC Mortgage, and MBNA America. He is a member of the Rowan University Accounting Advisory Board and previously served on the American Bankers Association’s Accounting Advisory Committee. Erdmann is a graduate of Villanova University and a Certified Public Accountant. He started his career as an auditor with Ernst & Young, LLP in New York City.
“I’m honored to step into this role, particularly during such an exciting period of growth and opportunity for the business,” said Erdmann. “Barclays has a talented team with incredible experience and a solid strategic vision. I look forward to helping Barclays US Consumer Bank expand its footprint in the United States as a leading co-branded credit card and payments partner for top brands.”
Erdmann will join Barclays US Consumer Bank in April, reporting to CEO Denny Nealon. He will serve on the executive committees for the US consumer business and its legal entity, BBDE. Erdmann will succeed Angelo Del Giudice, who is set to retire from Barclays later this year, after nearly a decade of service to the bank.
About Barclays US Consumer Bank
Barclays US Consumer Bank is a leading co-branded credit card issuer and financial services partner in the United States that creates highly customized programs to drive customer loyalty and engagement for some of the country's most successful travel, entertainment, retail, and affinity institutions. The bank offers co-branded, small business and private label credit cards, installment loans, online savings accounts, and CDs. For more information, please visit www.BarclaysUS.com.
Barclays is a British universal bank, diversified by business, different types of customers, clients, and geography. The businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by its service company which provides technology, operations, and functional services across the Group. For further information about Barclays, please visit www.Barclays.com.