Online trading and banking company Ally Financial Inc (NYSE: ALLY) has announced that Josh Wilsusen has joined the company as Managing Director for Public Policy and Government Affairs. As head of the company’s Washington office, Wilsusen will oversee its public-policy strategy and direct its advocacy and outreach to executive, legislative, and other political bodies and officials at all levels of government.
“Josh’s experience in financial services and on Capitol Hill is perfectly suited to advancing the public-policy interests of Ally and our customers,” said Scott Stengel, General Counsel for Ally Financial. “He embodies our innovative spirit and commitment to Doing It Right and will focus on championing political solutions that benefit communities across Ally’s nationwide footprint.”
Josh Wilsusen joins Ally after 10 years at Morgan Stanley (NYSE:MS), where he served as Executive Director of Government Relations, representing the company on Capitol Hill and at federal banking agencies on securities and banking issues. During that time, he also served as co-chair of the Structured Finance Industry Group’s Government Relations Subcommittee. Prior to Morgan Stanley, he served as securities counsel to Chairman Michael Oxley with the U.S. House of Representatives Committee on Financial Services and spent time at a number of law firms in Washington and New York.
Ally has expanded and diversified its offerings over the past 18 months, adding online wealth management and home mortgage products to its robust online banking, corporate finance and auto finance products and services. Last year Ally bought online brokerage TradeKing for $275 million. As the company continues to diversify and evolve as a leading digital financial services provider, Wilsusen will work to ensure that Ally has the opportunity to share its perspective on industry and consumer needs with lawmakers and the regulatory community.
Josh Wilsusen holds a J.D. from Georgetown University Law Center and a B.A. from Williams College.