Citi fights back and steals Carey Kolaja from PayPal. Carey will join Citi to help improve the bank's mobile banking experience. Kolaja started as Citi Fintech’s global product officer last month. This comes after the bank hired Matt Swann from Amazon to become the banks CTO of its global cards division.
Carey Kolaja, a decade-long PayPal employee who was second-in-command of its consumer products division, left in August to join Citi Fintech, a new unit of Citigroup focused on improving mobile banking experiences. Kolaja started as Citi Fintech’s global product officer last month. This isn’t Citi’s first hire from the tech world—in Feb. 2015, the bank hired the ex-head of Amazon Payments, Matt Swann, as the chief technology officer for its global cards division. The moves are part of a tug of war for talent between Silicon Valley and Wall Street, as the finance and technology industries jostle for control of tech driven areas such as payments and lending.