Published 08-12-03
Submitted by Washington Mutual, Inc.
Reza Aghamirzadeh has been hired to lead the Community Performance Resources team which is focused on ensuring that Washington Mutual meets its Community Reinvestment Act (CRA) commitments in the most strategic way. A key part of that effort is supporting the company’s 10-year, $375 billion lending and investment pledge to increase the availability of affordable housing and lending programs to communities that have been traditionally under-served. Aghamirzadeh with more than 15 years of financial services industry experience, previously served as senior vice president and director of community development for U.S. Bancorp.
Scott Gaspard joins the team as lead for the company’s Government and Industry Relations group, managing the company’s public policy and legislative activities nationwide. As a company with a large, national presence, Washington Mutual is very engaged in policy and legislative activity at both the State and Federal levels. Gaspard has spent more than 25 years in government relations and policy development roles in the financial services arena. Most recently, he was president of the Washington Financial League and the administrative director of the Washington Mortgage Lenders Association.
Wayne Bradshaw will leverage his more than 30 years of financial services experience as President for the Community and External Affairs Division’s Southwest regional team, responsible for the company’s community activities in California, Nevada and Arizona. Prior to joining Washington Mutual, Bradshaw was president and CEO of Family Savings Bank, California’s largest African-American controlled financial institution. Previous roles include senior leadership positions at Founders’ Savings and Loan Association, Union Bank and Industrial Bank.
“Scott, Reza and Wayne bring the deep experience, passion for community and commitment to excellence that Washington Mutual seeks out in its leadership,” says Benson Porter, SVP and Division Executive for Community and External Affairs at Washington Mutual. “We are pleased to be able to build on the strength of the team we have in place by adding these three highly capable executives.”
Gaspard, Bradshaw and Aghamirzadeh join a seasoned management team already in place in the Community and External Affairs Division:
About the Community and External Affairs Division
Helping to build strong, vibrant communities wherever Washington Mutual does business is integral to the company’s long-term strategy. The Community and External Affairs Division oversees all community investment and development activities to ensure that Washington Mutual fulfills its community goals in the most strategic way possible. The Community and External Affairs Division manages, tracks and reports on all community-related endeavors, including grants, giving programs, volunteerism and the company’s 10-year, $375 billion lending and investment commitment. The division works with a variety of groups that carry out community enrichment nationwide, such as the company’s business units and partners, government agencies, schools, affordable housing groups and nonprofit community organizations.
About Washington Mutual
With a history dating back to 1889, Washington Mutual is a retailer of financial services that provides a diversified line of products and services to consumers and small businesses. At June 30, 2003, Washington Mutual and its subsidiaries had consolidated assets of $283.20 billion. Washington Mutual currently operates more than 2,650 consumer banking, mortgage lending, commercial banking, consumer finance and financial services offices throughout the nation. Washington Mutual’s press releases are available at www.wamu.com.
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