Monday, July 11, 2011

Mobile Execs Move to Banks

Omar Khan, head of strategy and product management, is joining Citigroup. Khan, who was the head of products and technology for Samsung's U.S. mobile division, will help develop Citigroup's global mobile services.

In 2010, Dan Schulman, who previously ran Virgin Mobile, moved to run American Express' mobile business. If you wanted more evidence that the mobile business and banking are "converging" at an important level, both moves are illustrative data points.

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