MCLEAN, Va. - Capital One Financial Corp. appointed the World Bank's chief financial officer as its own on Monday.
On July 1, Gary L. Perlin, 52, will take over the position David M. Willey vacated two months ago following news of an insider-trading investigation.
During his 13 years at the World Bank, Mr. Perlin has been the treasurer and later the CFO. He managed the Washington-based development assistance fund's $200 billion budget.
Before joining the World Bank he had spent 11 years at Fannie Mae, where he had been the treasurer and a senior vice president of finance. He also had worked for two years at J. Aron & Co., the commodities division of Goldman Sachs Group Inc., and for two years at the executive recruiting firm Hadley & Lockwood.
In addition to becoming Capital One's CFO, Mr. Perlin will become an executive vice president and will join the 10-member executive committee, whose formation was announced two weeks ago, when Nigel Morris, a co-founder of the issuer, said he would step down as the president and chief operating officer and become the vice chairman.
