Press Release

SoFi Appoints Veteran Banking Executive Kevin Moss as Chief Risk Officer

San Francisco, Calif. — August 24, 2016 — SoFi, a modern finance company taking an unprecedented approach to lending and wealth management, announced the appointment today of Kevin Moss as Chief Risk Officer, a new position. He will be a member of SoFi’s senior leadership team and report to Nino Fanlo, President and CFO.

Moss previously spent 17 years in senior management roles at Well Fargo Bank.  He was most recently Executive Vice President and Chief Risk Officer responsible for managing Credit, Compliance, and Operating Risk for Wells Fargo’s Consumer Lending Group.   Prior to that position, he was business manager of Well Fargo’s National Home Equity Group.  He also served as chief credit officer for the Home and Consumer Finance Group and led the Consumer Risk Management team.

“Kevin brings valuable experience to SoFi as we offer our members a growing array of financial solutions to meet their needs, including personal loans, mortgages and wealth management services,” said Mike Cagney, SoFi founder, CEO and Chairman.  “His appointment underscores our management team’s commitment to operational excellence and sound risk management across all our activities.”

A former college professor, Moss has participated on advisory boards and steering committees that provide risk management solutions to the financial services industry.  A graduate of The George Washington University, he holds a master’s degree from New York University’s Leonard N. Stern School of Business in quantitative analysis.

About SoFi

SoFi is a modern finance company taking an unprecedented approach to lending and wealth management. We’ve replaced the impersonal, transactional bank experience with a long-term partnership, enabling our members to realize the full potential of their money, careers and relationships. Our members constantly push the limits of what life has to offer. Whether looking to refinance their student loans, buy their dream home, or simply seek advice as they ascend in their careers, SoFi provides the products and tools to match their ambitions and propel them to new levels of financial greatness. For more information, visit SoFi.com.

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