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Andrew Riechel
Vice President, Product - Intelligent Experiences & Digital Channels at Capital One
Professional Background
Andrew Riechel is a top-performing executive leader and creative problem solver with extensive experience in the financial services industry. He has demonstrated a remarkable ability to drive innovation and deliver proven results in challenging environments, particularly in Wholesale Banking sectors such as Treasury & Payments, Corporate & Investment Banking, Commercial/Middle Market, as well as Commercial Real Estate and Lending. Additionally, Andrew has a strong foundation in Private Wealth Management and Consumer/Retail/Small Business services, positioning him as a versatile leader with a broad understanding of the financial ecosystem.
Andrew’s professional journey is marked by a dynamic communication style, where he excels as an influencer and relationship builder. His expertise spans across numerous fields including payments, lending, e-commerce, product and project management, management consulting, sales, revenue, client insights, fintech, and business execution. He brings valuable analytical skills to the table, with a comprehensive understanding of B2B, B2C, and P2P environments, as well as mergers and acquisitions. Throughout his career, Andrew has effectively partnered with C-suite executives, demonstrating his strong strategic acumen and leadership capabilities.
He has achieved outstanding results in positions of increasing responsibility, focusing on several key areas:
- Strategy & Growth: Andrew has successfully built and scaled businesses, led strategic planning initiatives, and played a significant role in mergers and acquisitions (M&A) and business development proposals exceeding $2.3 billion.
- Product Management & Execution: He has managed profit and loss (P&L), product lines, and transformation initiatives, overseeing budgets totaling over $300 million in revenue.
- Solver: Andrew has a proven record of launching and turning around critical initiatives, achieving victory despite facing obstacles, competition, and complexities.
- Leadership & Culture: He has built and motivated high-performing teams, achieving the highest ranks in employee engagement, showcasing his ability to cultivate a positive and productive work environment.
Throughout his outstanding career, Andrew has been recognized with eight awards from three different companies for his exceptional leadership and business results. These accolades underscore his commitment to excellence and his drive to deliver the highest quality of service.
Education and Achievements
Andrew's educational background is rich and diverse. He began his academic journey at Talawanda High School, where he laid the foundation for his future success. He earned a Bachelor's of Science in Mechanical Engineering from the prestigious Vanderbilt University, a program known for its rigorous curriculum and exceptional faculty.
He further expanded his skillset by obtaining an MBA in Business Administration from the University of Florida - Warrington College of Business. This degree enhanced his business acumen and provided him with the tools necessary to navigate the complexities of the financial sector effectively.
In pursuit of advanced knowledge, Andrew completed a Master of Science in Mechanical Engineering with a focus on Robotics & Automation at the Georgia Institute of Technology. His studies in this rapidly evolving field demonstrate his commitment to staying at the forefront of technological advancements and their applications within the financial services landscape.
Key Positions Held
Andrew Riechel has held numerous prestigious positions, showcasing his extensive expertise and leadership in the financial services industry. Currently, he serves as the Vice President of Product - Intelligent Experiences & Digital Channels at Capital One. In this role, he is instrumental in shaping the digital landscape of financial products and services, ensuring innovative solutions are effectively delivered to customers.
Prior to his current role, Andrew served as the Senior Vice President and Head of Product at Treasury Solutions for BNP Paribas / Bank of the West. There, he led product strategy and execution, solidifying the financial institution's standing as a leader in treasury management.
He also held significant positions at U.S. Bank, where he was the Senior Vice President and Head of Product Development for Global Treasury Management, and at SunTrust (now Truist Financial), where he held multiple roles including Senior Vice President and Head of Product Strategy for Treasury & Payment Solutions.
His earlier career included influential positions in the technology sector, such as Program Manager and Business Development Lead at Northrop Grumman Corporation and Business Developer at Harris Corp (now L3Harris Technologies). These experiences have enhanced his analytical and strategic skillset, enabling him to make informed decisions that foster growth and innovation in the financial services sector.
In addition to his corporate roles, Andrew has contributed to academia as a Supervisor & Researcher at the Georgia Institute of Technology and as a Funded Researcher at Vanderbilt University. He also gained practical experience through internships, notably at GE Healthcare, further diversifying his understanding of different industries.
Achievements
Andrew's career is characterized by remarkable achievements and accolades. Over his extensive professional journey, he has garnered eight awards across three different companies. These awards are a testament to his outstanding leadership skills and the significant business results he has consistently delivered.
His transformative impact on organizations is evident in his ability to innovate within the financial services industry continually. He has developed and managed critical initiatives and led teams to achieve consensus on strategies that drive organizational success.
In summary, Andrew Riechel is a highly accomplished executive with a proven track record in the financial services industry. His comprehensive educational background, diverse experience, and outstanding leadership abilities position him uniquely as a thought leader and innovator. Andrew's unwavering commitment to excellence can be seen in his numerous accolades and the high-performing teams he has cultivated throughout his career. As he continues to thrive in the ever-evolving landscape of financial services, his insights and expertise will undoubtedly pave the way for future successes.