Author - Sankar Bala

Sankar Balasubramanian is the Chief Data Officer and Senior Vice President at Flagstar Bank, a position he has held since shortly after joining Flagstar in April 2013. In this role, he has created a multi-year Data Modernization strategy for the bank and is in the process of executing it. His significant achievements include standing up and institutionalizing the Data Governance Organization across the Enterprise and creating reporting and analytics for a new line of business. He is responsible for assembling the people, defining the processes, and securing the technology to create an analytics center of excellence. Prior to joining Flagstar, he was consulting at IBM Business Analytics and Optimization practice and had been in strategy and management consulting for the previous 21 years.

Flagstar Bancorp, Inc. (NYSE: FBC) is a $13.7 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, the largest bank headquartered in Michigan, provides commercial, small business, and consumer banking services through 99 branches in the state. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as through 26 retail locations in 19 states. Flagstar is the 10th largest national originator of mortgage loans and a top 25 mortgage servicer, handling payments and record keeping for nearly $70 billion of home loans for over 340,000 borrowers. For more information, please visit flagstar.com.

CXO

State of the Chief Data Officer

There’s no doubt that the exponential growth of data has brought along a huge opportunity for business. The Chief Data Officer (CDO), who is at the helm...

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