NEW YORK–(BUSINESS WIRE) –OneMain Financial, the nation’s largest installment lender for working Americans on non-prime credit, announced today that Phyllis Caldwell has been appointed to its Board of Directors. Caldwell is the founder and managing member of Wroxton Civic Ventures, which provides advisory services to companies focused on housing, economic development, and financial inclusion.
“We are excited to welcome Phyllis to OneMain,” said Doug Shulman, President and CEO of OneMain. “She brings a wealth of experience in lending, government, and community development to the Board. His passion for financial inclusion fits perfectly with OneMain’s mission to improve the financial lives of working Americans. ”
Caldwell served as Chief of the Office of Homeownership Preservation and implemented foreclosure prevention initiatives established through the Troubled Asset Relief Program (TARP) at the United States Department of the Treasury during the Obama administration. Prior to Treasury, she held various executive positions at Bank of America, including President of Community Development Banking. She also served as president and CEO of the Washington Area Women’s Foundation, an organization dedicated to investing in women and girls of color in the Washington, DC region.
Caldwell holds a Bachelor of Arts from the University of Maryland and an MBA from the Robert H. Smith School of Business, where she is currently Executive in Residence.
About OneMain Financial
OneMain Financial (NYSE: OMF) has been offering transparent and responsible lending for more than 100 years. With nearly 1,500 locations in 44 states, the company is committed to helping individuals with their personal loan needs. OneMain and its team members are dedicated to the communities where they live and work. For additional information visit OneMainFinancial.com.