Capital One Announces the New President of its Canadian Business

TORONTO, Nov. 25, 2013 /CNW/ - Capital One Financial Corporation is pleased to announce the appointment of Shane Holdaway as President of Capital One Canada. In this role, Holdaway will be responsible for the overall strategic direction and financial results of the Canadian credit card portfolio.

Holdaway comes to Capital One Canada from the company's US Card division, where he was accountable for the Capital One Venture Card and the Quicksilver Cash products, as well as Underwriting Operations and managing relationships with the Card Payments Networks.

"I'm very pleased to announce that such an exceptional leader from our credit card team is our new Head of Capital One Canada," said Chris Newkirk, Senior Vice-President of International Card, Capital One. "Shane brings a wealth of experience in our credit card business, combined with a track record of exceptional people leadership, strategic agenda-setting and big results."

Since joining Capital One in 2002 from McKinsey & Company, Mr. Holdaway has held successively larger leadership roles at Capital One, including New Business Initiatives, Internet Acquisitions, and Partnership Finance. He has had many accomplishments, including launching the Capital One No Hassle Giving Site.

"I believe Capital One's Canadian credit card business is well positioned in the marketplace thanks to an incredibly talented team, strong relationships with our partners, and great products for Canadian consumers," said Holdaway. "I look forward to continuing to build on what is already a great franchise."

Holdaway received his MBA from Harvard Business School and his BS from Brigham Young University. He grew up in Los Angeles and will be moving to Toronto with his family.

About Capital One  

With offices in Toronto and Montreal, Capital One has offered Canadian consumers a range of competitive MasterCard credit cards since 1996, and now includes the Aspire suite of rewards cards, which are regularly cited by leading rewards experts for the great value they offer consumers.  Capital One Canada is a division of Capital One Bank, a subsidiary of Capital One Financial Corporation of McLean, Virginia (NYSE: COF).

SOURCE: Capital One Services, Inc.