Reinsurance News

USAA adds Jeff Wallace as CFO

2nd September 2020 - Author: Charlie Wood

USAA, a provider of insurance, banking and investment and retirement solutions to US military veterans, has named Jeff Wallace as its Chief Financial Officer.

Jeff Wallace3Reporting to Chief Executive Officer Wayne Peacock, Wallace joins from Bank of America, where he most recently served as the Chief Financial Officer of the Consumer Banking and Global Wealth and Investment Management business.

He brings over 30 years’ experience and has held leadership positions with a variety of large financial institutions.

Wallace succeeds Laura Bishop, who announced her retirement in February 2020 after more than 30 years of service to USAA and its members.

“Jeff is a great addition to USAA, bringing significant financial knowledge and leadership, industry experience and strong advocacy for developing individuals and teams,” said Peacock.


Commenting on his appointment, Wallace said, “It’s a tremendous honor to join the USAA team and become a part of this incredible association.

“Our mission is inspiring, as are the talented employees in the Chief Financial Office, and I am eager to begin working with them in serving USAA and our membership.”

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