Provider of payments and financial services technology solutions Fiserv Inc (NASDAQ:FISV) today announced the appointment of Denis J. O’Leary as non-executive Chairman of the Fiserv Board of Directors. The appointment is effective January 1, 2021.

Jeffery W. Yabuki, Executive Chairman of the Board, will step down from his role at the end of 2020.

Denis J. O’Leary has served as a Director of Fiserv, Inc. since 2008, and as Lead Director since 2019. He is also Chair of the Board’s Technology Risk Committee and a member of the Nominating and Governance Committee.

Mr. O’Leary is a private investor, and from 2009 to 2015, he served as Co-Managing Partner of Encore Financial Partners, Inc., a company focused on the acquisition and management of banking organizations in the United States. From 2006 to 2009, he was a senior advisor to The Boston Consulting Group with respect to the enterprise technology, financial services and consumer payments industries.

Through 2003, he spent 25 years at J.P. Morgan Chase & Co. and its predecessors in various capacities, including Director of Finance, Chief Information Officer, Head of Retail and Small Business Banking, Managing Executive of Lab Morgan (strategic equity investment in fintech) and Executive Vice President.

He has a B.A. in economics from the University of Rochester and an MBA from the Stern School at NYU.