Kenneth R. Chrisman is the former executive vice president and chief technology officer of Wells Fargo Bank, and joins Lisa Wilhelm as the second former Wells Fargo executive to serve on the iPeopleFINANCE Board. In addition to serving as Wells Fargo’s CTO, Mr. Chrisman’s corporate experience includes senior leadership positions at TRW Financial Systems, American Express, and Chevron.
He is also the lead member of the Board of Governors at The Doctors Company, the nation’s largest insurer of physician and surgeon medical liability, where he is the chair and lead director of the Governance Committee, chair of the Technology Committee, and a member of the Compensation & Benefits, Audit and Finance Committees.
Mr. Chrisman received his Bachelor of Science degree from Oregon State University and his Master of Science degree from the University of California.
“We are fortunate to have Ken join our startup,” said Steve King, CEO of iPeopleFINANCE. “Not only does his broad experience in information technology guide the implementation of our software and platform technologies, but his enthusiasm for the space helps to validate the credibility and future of peer-to-peer lending.
iPeopleFINANCE is the only peer-to-peer lending platform specifically targeted to returning Vets from Iraq and Afghanistan, along with the rapidly growing youth segment of the Gen-Y market.
“We hope to give returning vets a fast start, by offering small, starter loans and seller-financed goods and services,” said Steve King. “Providing financing and a quick way for Vets to build credit is the ultimate in doing good while doing well, and being able to offer some small patriotic gesture at the same time.”
iPeopleFINANCE is a social finance platform combining peer-to-peer lending with a seller-financed marketplace for goods and services. Our members will use an iPeopleFINANCE debit card to make loan payments and to manage cash transactions via mobile applications on their smart phones. The low-fee debit card will also serve as the vehicle for credit building and rehabilitation. The iPeopleFINANCE platform will launch in first quarter of 2013.