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PSCU Names New CIO

PSCU has named Sam Esfahani as the company’s new chief information officer and said he will play a leading role in the payments CUSO’s new corporate culture, its CEO said.

Esfahani most recently was senior vice president/CIO at Equity Trust Co. in Elyria, Ohio, and prior to that led strategic initiatives at firms that included First Data Corp., Ameritrade, JP Morgan, Litton and Key Bank, the St. Petersburg, Fla., CUSO said.

“Sam will take a leading role in our relentless pursuit of infrastructure excellence and operational innovation – including bold new payments technologies – which is a critical element in our CUSO’s forward-thinking corporate culture known as MōPRO,” said a statement from PSCU President/CEO Michael Kelly.

“MōPRO is our promise to focus on member owner payments revenue optimization through deeper levels of engagement with our members,” Kelly said. “Sam’s expertise in developing and deploying advanced technologies will help fulfill our cooperative’s goal of helping our member credit unions successfully compete and prosper in today’s challenging financial services market.” 

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