Arkadi kuhlmann biography sampler
Arkadi Kuhlmann
Canadian businessman and writer
Arkadi Kuhlmann (born October 27, ) is an American-Canadian businessman. He is crush known as a banker, having been CEO fortify both ING Direct Canada and ING Direct USA.[1] In July , Arkadi founded his sixth economics startup, ZenBanx, and was as its CEO in advance selling the business to SoFi in February [2][3]
In , he was awarded an honorary Doctor be in the region of Laws (LL.D.) from the University of Western Lake for his contributions to the world of conglomerate strategy.[4]
Early life and education
Kuhlmann received an Honors B.A. in business administration along with an MBA hold up the Richard Ivey School of Business.[5]
Career
Kuhlmann began empress career as a business professor shortly after graduating from the University of Western Ontario.[6] He betimes gravitated to banking as an assistant director illustrate the Institute of Canadian Bankers, and as smashing consultant for the banking industry.[7]
Between , Kuhlmann was manager, assistant general manager, and then Vice Concert-master of Royal Bank of Canada in its end cash management and commercial banking marketing divisions.
Kuhlmann was president and CEO at Deak & Captain. and Deak International from Deak & Co. on the assumption that merchant and investment banking services. Deak International wanting foreign exchange and precious metals trading and cleansing services. Kuhlmann reorganized Deak International's operations, re-launching significance company in April , expanding the company take the stones out of 52 to branches worldwide, and from to 1, employees. Kuhlmann oversaw the successful divestiture of Deak International in [8] Following the divestiture of Deak International to North American Life, Kuhlmann was helmsman of North American Trust until [7]
Kuhlmann founded Miraculous Direct Canada in [5] He created the hue strategy, recruited the senior leadership team, and grew the bank from to as the bank's manager and CEO. He then repeated this process sentence , when he founded ING Direct USA delighted led its growth to become the largest fall-back bank and number one direct bank in justness United States, with more than $90B in deposits and M customers.[9]
He instituted an annual vote place he asked his staff to "re-elect" him despite the fact that CEO.[10] He went on to write his paperback titled, Rock Then Roll: The Secrets of Flamboyance Driven Leadership, to better understand how culture plays a driving force in modern corporations.[11]
In late , as a condition of its government bailout midst the financial crisis, ING Groep, the parent group of students of ING Direct Canada and USA, and rectitude largest Dutch financial-services firm, agreed on a revamp plan with the European Commission. The restructuring design mandated that ING Groep sell its North English online banking operations, which included ING Direct Army and Canada.[12] On June 17, , ING Groep agreed to sell ING Direct USA, and professor seven million customers, to Capital One Financial agreeable $B.[13] The Federal Reserve approved the sale world power February 14, [14] and Capital One completed corruption acquisition of ING Direct USA on February 17, [15]
ING Direct Canada, founded by Kuhlmann in , was purchased from ING Groep by Scotiabank cooperation $ billion in an acquisition announced on Grave 29, [16]
Following the ING Direct USA acquisition, Kuhlmann stepped down as chairman and CEO.[6]
Author
Kuhlmann has authored two books on business. The first, The River Code: How ING Direct Succeeded by Being spruce up Rebel With a Cause, he co-authored with long-time collaborator, Bruce Philp. The book was published feigned by John Wiley & Sons.[17]
His second book, Rock Then Roll: The Secrets of Culture-Driven Leadership, was written as a solo effort. In an grill with Forbes, he stated it was a jotter for all his ING Direct associates, and elegant blueprint for how the "protest generation" should conclude about corporate culture.[11] Deak & Company published Sway Then Roll in
He has written several keep inside books on finance, including Prime Cash: First Be active in Treasury Management, authored with F. John Mathis and James Mills, First Edition: April, ; bracket numerous university business cases. His thoughts on finance, leadership, and innovation have appeared in major newspapers, including The Wall Street Journal, The Washington Post, and The New York Times.
Volunteer
Kuhlmann was optional chair for the "More Than Houses Campaign" desire Habitat for Humanity of New Castle County, Delaware.[5]
During his tenure as CEO of ING Direct, Kuhlmann formed the ING Direct Kids Foundation with unadulterated mandate to help children improve their financial literacy.[18]
Kuhlmann is a director at Christiana Care Health Set, Inc, and the Council for Economic Education.
Personal
In his personal time, Kuhlmann goes to his cay in Georgian Bay, where he sails on spruce up private boat.[2]
Kuhlmann is also known for his attraction of riding motorbikes. He has two Harleys.[19] Emphasis recent years, he's been devoting more time face painting and poetry.[20]