Ally Financial Names Sathish Muthukrishnan Chief Information, Data and Digital Officer

The former Honeywell CIO will lead the insurance and financial services company’s technology, data analytics and digital transformation teams.

(Sathish Muthukrishnan, Chief Information, Data and Digital Officer, Ally Financial. Source: Ally Financial.)

Ally Financial, a Detroit-based digital financial services company offering range of financial services and insurance products to automotive dealerships and consumers, has announced that Sathish Muthukrishnan has joined the company as chief information, data and digital officer. Muthukrishnan will lead Ally’s technology, data and digital transformation teams, with a focus on advanced technical capabilities, including cyber security and infrastructure, as well as accelerating the company’s growth as a leading digital financial services provider, according to an Ally statement. Muthukrishnan reports to Ally CEO, Jeffrey J. Brown, and is based in Charlotte, N.C.

Jeffrey J. Brown, CEO, Ally Financial.

“Ally’s success is the direct result of a relentless focus on offering consumers the best digital platforms developed by some of the brightest and most talented resources in the financial services industry,” comments Brown. “Sathish’s track record for delivering industry-leading digital solutions within the financial services sector as well as other industries makes him ideally suited for this highly important and critical role as we look to enhance our technology vision to further cement our leadership position in the sector. I am excited to welcome him to the Ally team.”

Muthukrishnan’s senior technology leadership roles include serving as chief digital and information officer for Honeywell Aerospace. Prior to Honeywell, Muthukrishnan spent 10 years at American Express leading the company’s digital transformation efforts. A graduate of University of Madras, Chennai, with a degree in engineering specializing in computer science, Muthukrishnan has a passion for innovation with a history of having filed more than 25 patents in the manufacturing, payments and digital technology space.

Entrepreneurial Approach to Technology

“I look forward to advancing the technology and digital transformation strategy and vision for the IT organization at Ally, which is already seen as a leader in the digital financial services sector,” comments Muthukrishnan. “Taking an entrepreneurial approach to technology development and execution is consistent with Ally’s reputation as a disruptor in the digital space, and I look forward to a bright future as the company expands its product portfolio while digitizing the business end-to-end.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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