Providian Financial Corp. has named Marc Loewenthal to the new position of chief privacy officer, the company said Wednesday.

Providian said it created the position as a response to federal privacy regulations that were put in place a few weeks ago as part of the Gramm-Leach-Bliley Act. Banks will have until July 1, 2001, to be in compliance.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.