– USA, IN – OneMain Financial (NYSE: OMF), the leader in offering nonprime customers responsible access to credit, today announced the election of Toos Daruvala to its Board of Directors, effective Feb. 14.
“Toos is an innovative and accomplished executive who will bring significant value to our board and shareholders. He brings decades of valuable experience in financial services, risk, data, and analytics and has a wealth of knowledge in advising top financial services companies. I look forward to working together to advance our mission of improving the financial well-being of hardworking Americans,” said Chairman, and CEO, Doug Shulman.
About Toos N. Daruvala
Daruvala is a Senior Partner Emeritus of McKinsey & Company. Toos Daruvala joined McKinsey in 1983, was elected Senior Partner in 1995, and retired from the firm in 2015. At McKinsey, Toos led the Americas Risk Management Practice, the Americas Banking, and Securities Practice, and the build-out of McKinsey’s global Risk Advanced Analytics capability. Throughout his career, he worked with financial services institutions on a broad range of strategic and operational matters. From 2016 to 2021, he was co-CEO of MIO Partners.
Daruvala currently serves on the Board of the Royal Bank of Canada and is the Chairman of the Risk Committee. He holds seats on several other boards, including MIO Partners, the Advisory Board of the Ross School of Business at the University of Michigan, and the Board of the New York Philharmonic. He is an adjunct professor and Executive-in-Residence at Columbia Business School.
Daruvala holds an MBA from the University of Michigan and a Bachelor of Technology in Electrical Engineering from the Indian Institute of Technology.
About OneMain Financial
OneMain Financial is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. We empower our customers to solve today’s problems and reach a better financial future through personalized solutions available online and in 1,400 locations across 44 states. OneMain is committed to making a positive impact on the people and the communities we serve.
For more information: https://www.onemainfinancial.com/
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