Wells Fargo appoints Gallo as new government banking head-February 2024-www.financetom.com

Wells Fargo appoints Gallo as new government banking head

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Wells Fargo appoints Gallo as new government banking head

Oct 10, 2024 11:49 PM

NEW YORK, Oct 8 (Reuters) - Wells Fargo ( WFC )

appointed Elena Gallo to lead its government banking business,

the bank said in a statement on Tuesday.

In her new role, Gallo, who joined Wells Fargo ( WFC ) in 2003, will

provide banking services for state and local governments and

related entities.

The division serves more than 3,000 government agencies,

public utilities, transportation and housing authorities in 43

states.

Gallo succeeds Mara Holley, who is retiring after leading

the business since 2015.

The fourth-largest U.S. lender will report its third quarter

earnings on Friday.

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