Charles W Scharf is the global Chief Executive Officer to one of the leading brands Wells Fargo. Charles also serves as the company president and a member of the executive board of Directors. Charles Scharf comes on board with a two-decade-long experience as a senior corporate leader in the banking industry, serving in several high and distinguished organizations. Charles has served as the group Chief Executive officer at The Bank of New York between the years 2017 to 2019. During this time, Charles also cupped in as the board of director’s chairman for one year in 2018.
Charles has held other prestigious positions include being the Chief Executive officer to Visa Inc., a position he maintained for about four years from 2012 to 2016. Charles Scharf has profound experience in managing the banking industry and particularly when it comes to the payment industry.
As he gets famously known around the banking circle, Charles or Charlie has demonstrated a deep understanding of the sector and can transform companies. When Charles served as the Chief Executive officer at the famous Bank of New York Mellon, he left a legacy and a track record that demonstrated his potential in driving a company struggling back to [profitability. Charlie was in a position to drive a substantial change in the corporate and governance structure of the company and introduced a new business model that focuses on the client. He also introduced some of the best-known policies in mitigating risks and enhancing compliance in the corporate banking sector. Charles Scharf served at the Bank of New York as the company Chief Executive officer during his tenure. He introduced a raft of measures targeting the digitization of the banking sector in all its branches.
While serving as the CEO for Visa, Charlie gets remembered for transforming the company into a formidable digital payment and technology-driven firm. He assisted Visa to develop a partnership with other companies, mainly digital e-commerce platforms, to become one of the leading payment processors. He also worked very tirelessly to ensure that the security of the payment system is improved, and Visa played a leading role during his tenure to showcase wonderful payment experiences to their customers.
Charlie has also held a high-ranking position at the JP Morgan equity partner’s department as one of the managing directors. He rose to become the chief executive officer of the Retail Financial Services branch at JPMorgan chase.