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Sunday, October 26, 2025

Bread Financial names former Amex CIO Allegra Driscoll as new CTO

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.
  • Bread Financial Announcement:
    • Allegra Driscoll was appointed as EVP and CTO.
    • Focus on advancing enterprise technology priorities.
    • Goal: Expand private-label credit card offerings and enhance e-commerce solutions.
  • Allegra Driscoll’s Background:
    • Previous role at American Express as SVP and CIO.
    • Nine years at Goldman Sachs in the securities division.
    • Moved to Credit Suisse, holding MD positions in product and engineering functions.
  • Ralph Andretta’s Perspective:
    • Driscoll’s financial services experience is termed “invaluable.”
    • Emphasis on technology driving business objectives.
    • Priority on IT risk management, governance, and oversight.
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