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LendKey Hires Ex-Treasury Official as Credit Risk Chief

LendKey, which manages online lending programs for banks and credit unions, has named Salil Mehta to senior vice president of credit risk and analytics.

Mehta most recently worked as the director of the policy, research and analysis department at the Pension Benefit Guaranty Corp. and as an adjunct statistics professor at Georgetown University. He was the head of analytics for the Treasury Department's financial stability office from 2010 to 2012, where he advised then-Treasury Secretary Timothy Geithner about economic, regulatory and other issues tied to annual meetings of the International Monetary Fund and the G-20 and the G-8 summits.

Before that he was the vice president of global investment strategy at HSBC and vice president of global bank and equity research at Citigroup.

Mehta’s “capital markets experience and knowledge of credit as a debt instrument will be incredibly valuable to [LendKey’s] lenders, as they strive to create and grow relationships with history’s largest debt-burdened generation,” LendKey Chief Executive Vince Passione said in a news release Tuesday announcing the appointment.




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