LendingClub Hires Bahman Koohestani as CTO

LendingClub (NYSE: LC), has selected  Bahman Koohestani to serve as the company’s Chief Technology Officer. Koohestani was most recently with Clarivate Analytics, where he served as Chief Technology Officer. Prior to Clarivate Analytics, Bahman was Executive Vice President and Chief Technology Officer of shopping site NexTag where he managed all aspects of the technology platform and drove product strategy. He also served as Global Vice President at PayPal, leading global consumer and merchant product development. Prior leadership roles also include Chief Information Officer and Chief Technology Officer at Orbitz Worldwide. In 2001, he was a finalist for the Ernst & Young Entrepreneur of the Year award.

“We are thrilled to have Bahman join the leadership team. He brings deep experience in using data and technology to compete aggressively and deliver an amazing customer experience,” said Scott Sanborn, CEO of LendingClub. “Technology is at the core of what we do and crucial to our mission of helping people achieve financial success. As such, we set an incredibly high bar for this position. In Bahman, we found just the right mix of experience, vision, and leadership.”

Koohestani said LendingClub is a pioneer in using tech to make credit more accessbile;

“I’m looking forward to working with the team to leverage the scale of LendingClub’s data and technology platform to further unleash the company’s potential and deliver on its mission.”

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