Quantcast

Lending Club Adds Former Treasury Official, Google Exec to Advisory Board

Print
Email
Reprints
Comment
Twitter
LinkedIn
Facebook
Google+
Partner Insights

Peer-to-peer online lender Lending Club has added a former Treasury Department official and a senior Google executive to its advisory board.

Michael Barr played a role in shaping the Dodd-Frank Act during his 2009-2010 tenure as the Treasury's assistant secretary for financial institutions, according to the Lending Club's press release Wednesday.

He has also served as a special advisor to President William Clinton, special assistant to Treasury Secretary Robert Rubin, and deputy assistant secretary of the Treasury. Barr is currently a law professor at the University of Michigan and a senior fellow at the Center for American Progress and the Brookings Institution.

"Lending Club's platform is very innovative and consumer friendly," Barr said in the release. "The platform offers borrowers a fixed interest rate and fully amortizing loans that help consumers pay down their debt each month."

Also joining the Lending Club advisory board is Jeff Huber, a Google executive who led the company's maps, payments and travel division from 2011 to 2013. Before joining Google in 2003, Huber was vice president of architecture and systems development at eBay.

Lending Club's high-profile advisory board includes former Superintendent of Banks for New York Richard Neiman and former MasterCard CEO Pete Hart.

JOIN THE DISCUSSION

SEE MORE IN

'I Want a Tom O'Brien Action Figure Doll': Comments of the Week

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

(Image: Bloomberg News)

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.