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3/10/15 - Veteran Payment Executives, Richard Laiderman and Alan Weindorf, Join Promontory’s San Francisco Office

WASHINGTON, D.C., March 10, 2015 — Richard Laiderman and Alan Weindorf, financial services executives with expertise in payments, currency, and treasury operations, have joined Promontory Financial Group as senior professionals in its San Francisco office. Promontory is a global leader in strategy, risk management, and regulatory-compliance consulting.

Laiderman, who joined the firm as a managing director, was most recently head of global treasury at Visa Inc., where he helped build its world-class treasury department and led back-office functions of the company’s initial public offering. He was previously treasurer at Ameriprise Financial, and during 13 years at Bank of America was executive vice president of its corporate treasury.

Weindorf, who joined the firm as a director, was a senior business leader at Visa Inc., and led the team responsible for all foreign-exchange activities. Before that, he was a director in treasury at Starbucks Corp., where he oversaw the company’s FX and commodity risk management, investment portfolio, capital-market functions, and enterprise risk management. Previously, Alan was assistant treasurer at Transamerica Corp.

“Richard and Alan are highly esteemed leaders and risk professionals who bring to Promontory significant experience in payments, treasury operations, and foreign exchange,” said Konrad Alt, Promontory’s chief operating officer. “They are ideally suited to help companies pursue the remarkable growth opportunities — and manage the abundant risks — that these areas offer.” 

“The pace of innovation in payment systems continues to accelerate,” said Laiderman. “I am excited to join the team at Promontory in helping companies navigate the changes to come.” 

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About Promontory

Promontory Financial Group, based in Washington, D.C., specializes in helping companies and governments around the world manage complex risks and meet their greatest regulatory challenges. Promontory’s work aims to make its clients stronger and the financial system safer. Promontory has offices in New York, San Francisco, Atlanta, and Denver, and affiliate offices in Beijing, Brussels, Dubai, Dublin, Istanbul, Hong Kong, London, Madrid, Milan, Paris, Singapore, Sydney, Tokyo, and Toronto. Eugene A. Ludwig, who served as U.S. comptroller of the currency under President Bill Clinton, founded Promontory in 2001.

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