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SAFCO Announces Major Addition to Leadership Team

Welcomes Kenneth Gang as Senior Risk Officer

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–SAFCO, a leading sub-prime auto finance company, today announced the addition of entrepreneur and FinTech veteran Kenneth Gang as the company’s new Senior Risk Officer.

“Having worked for the likes of Wells Fargo, Hyundai, GLS, and other prominent financial institutions, Ken brings many years of experience and success as a risk officer to our company,” George Fussell, SAFCO founder and CEO, said. “His arrival represents the beginning of a bold new era for us. We couldn’t be more optimistic about the future.”

With the addition of Ken Gang, SAFCO gains exceptional portfolio management and analytic expertise that will enable the company to strategically grow its finance products and competitive position to a whole new performance level.

Ken joins SAFCO from Bambu Finance, where he was Interim CEO/CRO since 2017. Prior to Bambu, he held Chief Risk Officer positions at CAN Capital, a pioneer in alternative small business finance, and Global Lending Services, a SAFCO competitor. Gang has also successfully led risk management teams for both Hyundai Capital America and Wells Fargo Auto Finance.

His impressive career has focused on decision and operations analytics, credit risk and portfolio management, collections strategy, strategic planning, and product development.

“It’s great to join a leading organization like SAFCO, and I’m looking forward to helping the company strategically grow through leveraging data and technology,” Ken said.

About SAFCO

SAFCO is an industry-leading, sub-prime auto finance company with the power to see credit worthiness where others don’t. We use sophisticated, deep machine learning integrated into our originations and decisioning process. It provides us with ultra-rich and realistic snapshots of the creditworthiness of applicants, revealing their full credit potential far beyond credit basics. We use these powerful insights to help auto dealerships around the country sell more and give more consumers with low or no credit the opportunity to finance a reliable vehicle and build their credit for a brighter financial future. To learn more about SAFCO, please visit GoSAFCO.com.

Contacts

Kristin Herring, kherring@gosafco.com

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