The American Fintech Council (AFC) elects Phil Goldfeder as Executive Director
Goldfeder brings over two decades of leadership in the public and private sectors, including the US Senate, New York State Legislator and most recently as Head of Global Public Affairs at Leading Fintech Company
A founding member of the Online Lending Policy Institute (OLPI) and AFC, Goldfeder is a proven industry leader and pragmatic career public servant who joins the organization at the Critical Juncture for Fintech
WASHINGTON, 22 February 2023 /PRNewswire/ — The American Fintech Council (AFC), the leading trade association representing responsible fintech companies creating critical access to safe and affordable financial services, has announced that it has selected financial services and technology leader, proven government strategist and public servant Phil Goldfeder as Chief Executive Officer (CEO). Goldfeder has over two decades of private and public sector experience and will be instrumental in steering AFC’s mission to promote responsible innovation and inclusion within financial technology services. He begins his new role in March.
“Fintech is paving the way for the future of financial services and the US Fintech Council is setting the standard to distinguish the responsible companies and industry experts who are focused on consumer protection, transparency, compliance and regulatory modernization,” said Phil Goldfeder. “My entire career has been dedicated to public service, and this new role will allow me to work alongside diverse and innovative companies that empower consumers by creating critical access to financial services.”
Most recently, Goldfeder served as Senior Vice President of Global Public Affairs at Cross River, a financial institution and technology infrastructure provider that offers embedded financial solutions. He has been a leader in shaping the new financial services landscape since early 2015, guided by his career in public service, the ability to effect positive change and develop deep relationships with diverse leaders across all levels of government. He has previously served as an elected member of New York State Assembly representing different neighborhoods of Queens, NYand before that served as a senior advisor to the Senate Majority Leader Chuck Schumer (D-NY) and New York City Mayor Michael Bloomberg.
“We are delighted that Phil will lead us in the next phase of our journey to demonstrate that responsible fintech is leading the financial industry in providing consumers with the innovative, fair and accessible financial products they need. Phil has a strong vision for the future of AFC which, together with his experience as a public servant and in financial services, make him an influential, collaborative and thoughtful leader. We are proud that he will be our next CEO,” said Martha O’Malleyassistant general counsel in Prosper and AFC board member.
“Phil’s dedication to building a more inclusive financial system makes him the ideal choice to lead AFC’s next stage of growth,” said New York State Assemblywoman Nily Rozic (D,WF-Queens), Chair of the Committee on Consumer Affairs and Protection. “I have had the opportunity to work with Phil both as a colleague in the NYS Legislature and in his previous role promoting responsible innovation and consumer protection, and look forward to our continued work as he implements positive change for the industry.”
AFC and its members deliver for clients by leading and advocating for the next generation of companies at the intersection of technology and financial services. It promotes innovative, transparent and responsible products that promote competition, consumer protection and economic health, inclusion and fairness. AFC is committed to robust industry standards, with a focus on consumer protection and regulatory compliance, as well as advocating for and embracing appropriate government regulation.
As AFC’s Executive Director, Goldfeder will play a key role in the continued formation and maturation of the Council, and he will guide its continued engagement with government leaders, industry stakeholders, regulators, non-profit organizations and community advocates.
“Known for his many years of public service and for his passionate advocacy, Phil is the perfect person for the job,” said the professor Cornelius Hurley, assistant professor at Boston University and Chair of the AFC Community Advisory Board. “His widely respected voice and dynamic presence make AFC a key player in these challenging times and we will benefit from the respect he commands at all levels of government and industry.”
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SOURCE American Fintech Council
