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Ally Names New President, CEO of Ally Bank

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Diane Morais will assume the positions of president and CEO of the Ally Bank subsidiary.

“Ally Bank has been a great success story for the company, and (Morais) has been a part of that journey since it began,” said Ally CEO Jeffrey Brown. “(Morais) has helped to develop our leading deposit franchise from its products to the customer-centric philosophy we have become known for. Her experience will allow us to further expand upon our strengths in the business, as the online banking platform becomes an increasingly important component of the overall company.”

Morais has served as the deposits and line of business integration executive for the bank.

“Being part of Ally Bank’s development and evolution has been extremely rewarding,” Morais said. “In six years, we have become a leading market participant, grew to $50 billion in retail deposits, and established a loyal customer base of nearly one million consumers who are looking for competitive products and a great experience from their bank.  I look forward to leading this chapter and continuing to expand this franchise.”

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