Barbara A. Yastine is a 30-year veteran of financial services, with leadership success in a broad range of sectors, market conditions and challenges. Her direct experience spans retail banking, consumer lending (auto, mortgages, personal loans), investment/corporate banking and capital markets, and asset management and wealth advisory.
Barbara serves on the Boards of Directors of Primerica Corporation, Zions Bancorporation and AXIS Capital Holdings Ltd. She recently ended her service on the Board of First Data Corporation upon its August 1, 2019 acquisition by Fiserv, Inc., serving since September 2016. Barbara was a director of privately held Symphony Teleca Corporation from 2006 to 2013. She is an advisory board member of venture capital firm MissionOG and MoCaFi (payments for the underbanked) and a former advisory board member of Transactis, a growth stage payments company acquired by MasterCard International in 2019. Barbara’s not-for-profit efforts include current Board roles at United Hospital Fund, Grace Institute and The Charles S. Draper Laboratory.
Until June 2015, Barbara was Chairman, CEO and President of Ally Bank, the award-winning $100 billion direct bank subsidiary of Ally Financial, which has been recognized as the best online bank for 7 consecutive years by Money Magazine. Barbara was a key player in the company’s turnaround and repayment of the U.S.’s $17 billion TARP investment. She joined Ally in 2010 as CAO and chair of Ally Bank. During Barbara’s tenure, the bank grew from $25 billion in deposits to $65 billion and developed the roadmap to $100 billion in deposits and 1 million customers, introducing omni channel client experience, new tools and features, robust client engagement programs and data-driven targeted marketing campaigns, while at the same time reducing expenses by $125 million across interest, marketing and operations.
Barbara was named one of the 25 Most Powerful Women in Banking in 2013 and 2014 by American Banker. She chaired the national Financial Services judging panel for the Ernst & Young Entrepreneur of the Year award in 2016 and 2017 and served as a member of that judging panel in 2015. She was named to the National Association of Corporate Directors’ Directorship 100 in 2017.
Before joining Ally, she was with Citigroup for 15 years in various leadership roles, including CFO of its Global Corporate and Investment Bank, and its Consumer Finance Business, Chief Auditor and CAO of the Global Consumer Group. She left Citi in 2002 to become CFO of Credit Suisse First Boston, until 2004. Shortly thereafter, she was a partner in a start-up, Southgate Alternative Investments. Most recently, on an interim basis from September 2015 to June 2016, she served as Co-CEO of Lebenthal Holdings LLC.
Barbara previously served on the Board as vice chairman of nonprofit Phoenix House for 13 years and as a trustee of the Financial Accounting Foundation.