PR - NACHA Launches CEO Search

Herndon, Va.-based NACHA’s CEO search committee announced today the search criteria for its next chief executive officer and president. Comprised of members of the NACHA Board, the search committee has retained Korn/Ferry International to manage the search process. 

NACHA’s CEO, in collaboration with the Board, shapes the organization’s long-term direction and guides operations, industry initiatives, programs, and staff. The CEO is responsible for ensuring that NACHA manages the development, administration and governance of the ACH Network and provides superior value and services to its members. The CEO is the liaison to other leading payment organizations, such as credit card associations and check payment groups, and works to achieve mutual objectives and benefits. The CEO is the primary spokesperson for NACHA — the electronic payments association — and its members, which include financial institutions, regional payment associations, and businesses.

“NACHA’s new CEO and president will further strengthen our demonstrated holistic leadership in the nation’s payment system and continue our industry mission of increasing the safety and soundness of the ACH Network through policy and innovation; building collaborative bridges with other payment networks; and educating consumers, businesses and governments about the value of electronic payments,” stated Steve Ellis, executive vice president, Wells Fargo Bank, and chairman, NACHA Board of Directors.

NACHA is seeking a consummate leader with in-depth knowledge of the ACH Network and its relationship with other payment networks, industry stakeholders, and the opportunities and challenges important to the ACH and electronic payments industries. The CEO is both a relationship and consensus builder — attracting and engaging members and other organizations to manage systemic issues and catalyzing change.

To learn more about this opportunity, visit http://www.ekornferry.com/Library/Process.asp?P=Opportunity&S=UJ799.