Providian Financial Corp. has named Richard Laiderman senior vice president and treasurer.

He is responsible for funding and capital markets activities, asset securitization, interest rate risk management, cash management, investments, and liquidity, the company said.

Mr. Laiderman reports to David J. Petrini, chief financial officer.

Before his recent hiring by Providian, Mr. Laiderman spent 13 years at Bank of America in various treasury posts. His last title was executive vice president of corporate treasury.

"Richard's breadth and depth of treasury experience will be tremendously valuable to Providian as we grow and diversify our balance sheet and expand globally," Mr. Petrini said.

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