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10.27.16

People on the Move: Avid Modjtabai, Wells Fargo

modjtabai_avidWells Fargo & Co. has formed a new payments, virtual solutions and innovation group, to be headed by Avid Modjtabai. A 23-year veteran of Wells Fargo and already a member of the bank’s operating committee, Modjtabai currently leads the consumer lending group and cross-company operations.

The new payments group will bring teams across the company together in a more aligned and integrated way in order to accelerate the company’s focus on delivering the next generation of payments capabilities, advancing digital and online offerings, and investing in research and development and strategic partnerships to design new customer experiences and product.

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